FormFactor (FORM) Registration filing summary

Company overview and business model

• Provides electrical and optical semiconductor test and measurement technologies across characterization, design debugging, qualification and production; products include probe cards, analytical probes, probe stations, thermal systems and cryogenic systems.

• Reports two segments: Probe Cards, covering probe cards and analytical probes, and Systems, covering probe stations, thermal and cryogenic systems. Customers use products to optimize device performance, reduce scrap and improve yields.

Use of proceeds and capital allocation

• No proceeds from resales will go to the issuer; Teradyne receives resale proceeds net of any discounts or commissions.

• Issuer pays registration-related costs, including filing, printing, counsel and accounting fees; Teradyne bears its selling expenses, including underwriting discounts, commissions, transfer taxes and advisory fees.

Risk factors and disclosures

• Investment risk factors incorporated from the FY ended Dec. 27, 2025 Form 10-K and later periodic reports; risks could harm business, financial condition, results, prospects or cash flow and reduce the stock price.

• Key uncertainties include customer adoption and order changes, competition, product qualification and production yields, supply and labor costs, trade rules, manufacturing capacity, IP protection and R&D returns.

• Further risks include cybersecurity and AI, acquisition and capacity-investment returns, and political or economic disruptions such as inflation, pandemics, conflict and natural disasters.