Synaptics Incorporated announced it will release financial results for the fourth quarter and full year of fiscal 2026 on August 6, 2026, after the market closes. The company will not host a conference call to review the results or provide a forward-looking financial outlook due to a pending transaction with onsemi.

The press release will be accessible on the company’s investor relations website. Synaptics specializes in AI at the Edge, providing embedded compute, wireless connectivity, and multimodal sensing solutions.

Key Details

The absence of a conference call is directly attributed to the pending transaction with onsemi. Shareholders and investors are directed to the company's website for the official results document.

Synaptics Incorporated faces scrutiny from multiple law firms regarding its proposed acquisition by ON Semiconductor Corp. Ademi LLP, Monteverde & Associates PC, and Kahn Swick & Foti, LLC are investigating whether the transaction offers fair value to Synaptics shareholders. The firms are examining potential breaches of fiduciary duty by the board of directors concerning the deal's terms and the process undertaken to secure it.

Under the proposed all-stock transaction, Synaptics shareholders will receive 1.350 shares of ON Semi common stock for each share held. This represents a total enterprise value of approximately $7 billion. Upon completion, Synaptics stockholders would hold approximately 12% of the combined company on a fully diluted basis. The transaction agreement includes provisions that impose significant penalties if Synaptics accepts a competing bid, limiting other potential offers.

Transaction Details

The investigations focus on whether the board is fulfilling its fiduciary duties to all shareholders. Ademi LLP noted that Synaptics insiders may receive substantial benefits as part of change of control arrangements. Monteverde & Associates PC, recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report, is also assessing the fairness of the deal. Kahn Swick & Foti, LLC, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is seeking to determine if the consideration undervalues the company.

Shareholders interested in learning more about the investigations or joining the cases can contact the law firms. There is no cost or obligation to participate. Ademi LLP can be reached via email at gademi@ademilaw.com or toll-free at 866-264-3995. Juan Monteverde at Monteverde & Associates PC can be contacted via email at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341. Lewis S. Kahn, Managing Partner at Kahn Swick & Foti, LLC, can be reached at lewis.kahn@ksfcounsel.com or toll-free at 855-768-1857.