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AI brief of an SEC Form 8-K · Lattice Semiconductor (LSCC)

Lattice to buy AMI for $1.65 billion as Q1 revenue rose 42% from a year earlier

Positive Impact 5 of 5 m&a Written later

Lattice Semiconductor agreed on May 4, 2026 to acquire AMI for $1 billion in cash and about $650 million in Lattice common stock, funded partly by new debt, with closing expected in the third quarter of 2026. The same day, Lattice reported first-quarter 2026 revenue of $170.9 million, up 42.2% year over year, and GAAP net income of $21.8 million, or $0.16 per diluted share, compared with a net loss in the prior quarter.

Key points

  • Acquisition of AMI: $1 billion cash plus about $650 million in stock, with the share count set by Lattice's trading price before closing (minimum about 5.2 million shares, maximum about 6.1 million)
  • Financing: commitment letter with Wells Fargo and Morgan Stanley for up to $950 million in a 364-day term loan and up to $200 million in a revolving credit facility
  • Q1 2026 results: revenue $170.9 million, GAAP diluted EPS $0.16 versus a $0.06 loss in Q4 2025; non-GAAP diluted EPS $0.41
  • Q2 2026 outlook: revenue expected between $175 million and $195 million, and non-GAAP diluted EPS between $0.42 and $0.46

The filing

CompanyLattice Semiconductor (LSCC)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:17 PM ET
Accession number0001437749-26-014654

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations3.02 Unregistered Equity Sale5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.