Close the transaction involving investments from DENSO and Mitsubishi Electric
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 10 Oct 2023
- Due
- 31 Mar 2024
- Delivered
- 4 Dec 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in the first quarter of calendar year 2024.”
What we found
Evidence strength A What the grades mean
The company completed the transaction involving investments from Denso and Mitsubishi Electric on December 4, 2023, which is within the first quarter of calendar year 2024.
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A Coherent Corp. 10-Q filed 2024-05-07
“On December 4, 2023, Silicon Carbide LLC (“Silicon Carbide”), one of the Company’s subsidiaries, completed the sale of Class A Common Units to Denso Corporation (“Denso”) and Mitsubishi Electric Corporation (“MELCO”)” ✓ confirmed on the page
Market reaction: the shares moved -6.6% against the S&P 500 over the three sessions around the disclosure (6 May 2024 to 9 May 2024). What this measures
Checked 6 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- investment transaction
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: conditions to the completion of the investments
- Depends on
- Partner, Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2023-COHR-004882 · Corrections policy