Qualcomm files to resell 17.8M shares tied to Modular acquisition

Qualcomm (NASDAQ: QCOM) filed a prospectus supplement with the Securities and Exchange Commission on July 31, 2026, covering the resale of 17,826,566 shares of common stock by selling stockholders.

The shares, with a par value of $0.0001 per share, were issued as consideration for Qualcomm's acquisition of Modular Inc., a deal the company announced on June 21, 2026. The shares were originally issued through a private placement under Section 4(a)(2) of the Securities Act of 1933 and Rule 506 of Regulation D.

The prospectus supplement was filed in connection with a Registration Rights Agreement dated July 28, 2026, between Qualcomm and Shareholder Representative Services LLC, a Colorado limited liability company acting as agent and representative for the holders named in the agreement.

The filing was made as a supplement to Qualcomm's Registration Statement on Form S-3ASR, originally filed with the SEC on November 6, 2024 (File No. 333-283035). Legal opinions related to the shares were provided by Paul, Weiss, Rifkind, Wharton & Garrison LLP.

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