Arxis, Inc. Files Pro Forma Financials for $770M Omnetics Acquisition

Arxis, Inc. (NASDAQ: ARXS) – Form 8-K/A Analysis

Summary of Event

On October 29, 2026, Arxis, Inc. filed an amendment (Amendment No. 1) to its Current Report on Form 8-K originally filed on August 18, 2026. The amendment fulfills the requirement under Item 9.01 of Form 8-K to furnish audited and interim financial statements of the acquired business and pro forma combined financial statements within the allowable 71-day extension window.

Key Acquisition Terms Disclosed

• Acquired Entity: Omnetics Connector Corporation (and wholly owned merger via Orion Merger Sub, Inc.).
• Closing Date: August 17, 2026.
• Enterprise Value / Consideration: Agreed enterprise value of $770.0 million (subject to customary adjustments).
• Equity Consideration: Issuance of 13,351,964 shares of Class A common stock to former Omnetics shareholders (issued under Section 4(a)(2) private placement exemption).
• Cash Escrow: $8.0 million funded into cash escrow accounts pursuant to the Merger Agreement.

Financial Information Included

• Exhibit 99.2: Audited consolidated financial statements of Omnetics Connector Corporation for the year ended December 31, 2025, audited by Boulay PLLP.
• Exhibit 99.3: Unaudited consolidated financial statements of Omnetics for the six months ended June 30, 2026.
• Exhibit 99.4: Unaudited pro forma combined statements of income of Arxis, Inc. for the nine months ended September 30, 2026, and the year ended December 31, 2025.

Market Impact & Significance

• Significance: Low. This filing represents a routine, compliance-driven submission of historical and pro forma financial statements for an acquisition already disclosed and closed in August 2026. Unless the pro forma exhibits reveal significant unexpected financial variances, immediate market impact is anticipated to be minimal.