SECJun 2, 2026IPO context
Arxis announced on June 2, 2026 it entered into a definitive agreement to acquire Omnetics Connector Corporation and also acquired MagCanica; the combined purchase price is approximately $890 million, with the Omnetics transaction expected to close in Q3 2026. The filing notes Omnetics would be an all-stock transaction and that MagCanica closed on June 1, 2026.