Business Context and Reporting Period
Company: MaxLinear, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 30, 2021
Context: The Company notified the New York Stock Exchange (NYSE) of its intention to voluntarily withdraw the listing of its common stock and transfer the listing to The Nasdaq Stock Market LLC.
Key Financial Metrics
This filing is a current report regarding a corporate event (listing transfer) and does not contain financial statements. Consequently, the filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Listing Transfer: The Company is moving its common stock listing from the NYSE to Nasdaq.
- Effective Dates: Trading on the NYSE is expected to end at market close on or about December 10, 2021. Trading on Nasdaq is expected to begin at market open on or about December 13, 2021.
- Trading Symbol: The stock will continue to trade under the symbol "MXL" on Nasdaq.
Guidance, Outlook, and Risks
Management Commentary: The transfer was authorized by the Board of Directors. The Company confirmed that the Common Stock has been approved for listing on Nasdaq.
Risks and Contingencies: No specific financial risks or contingencies were disclosed in this filing. The primary operational change is the transition of the trading venue.
Investor Verification Checklist
- Verify the exact date trading ceases on the NYSE (expected December 10, 2021).
- Confirm the start date of trading on Nasdaq (expected December 13, 2021).
- Ensure trading systems are updated to reflect the venue change while maintaining the "MXL" ticker symbol.
- Review the attached press release (Exhibit 99.1) for any additional details on the rationale for the transfer.