Nextracker announces plan to separate from flex

Fremont, calif.--(business wire)--nextracker (nasdaq: nxt), one of the world's leading providers of intelligent solar tracker and software solutions, today announced flex ltd.'s plan to effect a spin-off of all of its remaining interests in nextracker inc. to flex shareholders (also announced by flex in a separate press release), which would result in a separation by flex from its ownership in nextracker. later today, nextracker expects to file a registration statement on form s-4 with the u.s.
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