Flex names spinoff Axiom Solutions, files Form 10 with SEC

Flex, a manufacturing partner with a global presence across 30 countries, has announced the creation of a new independent business called Axiom Solutions International, Inc. The company's spinoff from Flex is expected to be completed in the first quarter of 2027. The new entity will trade under the ticker symbol AXM on the Nasdaq following the separation.

Axiom Solutions International will specialize in cloud and power infrastructure technology, with the goal of enabling customers to deploy increasingly complex digital and electrical systems at a faster pace and larger scale. This trend is being driven by the growing demands on physical infrastructure as AI continues to evolve. Revathi Advaithi, Flex's Chief Executive Officer, will serve as the Chief Executive Officer of Axiom Solutions International.

The company's spinoff is contingent upon final approval from the Flex Board of Directors, effective execution of the Form 10 registration statement with the U.S. Securities and Exchange Commission, and approval from Flex shareholders and a Singapore High Court. Information about Axiom's business, strategy, financial profile, leadership team, and the anticipated terms of the separation are detailed in the company's preliminary Form 10 filing.

Investors interested in tracking the spinoff can access comprehensive financial metrics and analysis through InvestingPro, which provides detailed insights into corporate separations, Fair Value assessments, and over 1,400 additional metrics for evaluating both the parent and spinoff entities. Flex and Axiom Solutions International are expected to operate as independent publicly traded companies following the completion of the separation.

Further details regarding each company's strategy will be disclosed at a special Innovation Day event on November 10, 2026, in Austin, Texas.