Goldman Sachs Boosts Stake in Adtran Holdings

Adtran Holdings Inc., an American company, has announced that its major shareholder, The Goldman Sachs Group Inc., has crossed a significant threshold in terms of voting rights. According to Article 40, Section 1 of the German Securities Trading Act (WpHG), the notification was made with the objective of Europe-wide distribution.

The notification reveals that The Goldman Sachs Group Inc. has acquired instruments granting it 5.56% of the total number of voting rights in Adtran Holdings Inc. This marks a significant increase from its previous holding, which was 4.73%. The acquisition is attributed to the company's purchase of swap contracts on September 15, 2026.

The exact breakdown of instruments shows that The Goldman Sachs Group Inc. holds 2.47% of voting rights through 'Right To Recall' and 3.12% through 'Right Of Use'. These instruments are set to expire or mature on an unspecified date in the future.