Coherent sells 7,788,161 shares to NVIDIA at $256.80 in a $2 billion private placement

Coherent issued 7,788,161 shares of common stock to NVIDIA at $256.80 per share, for $2 billion in cash, in a private placement disclosed in an 8-K dated March 2, 2026. The shares give NVIDIA a large new holding in Coherent, and the cash is earmarked for research and development, capacity expansion and operations. The sale adds equity capital without a public offering.

• 7,788,161 new common shares issued at $256.80 each.
• Gross proceeds: $2 billion in cash.
• Buyer: NVIDIA Corporation, in a private placement.
• Proceeds for R&D, future capacity expansion and operations.