indie Semiconductor, Inc. (INDI) Announces Proposed Convertible Notes Offering

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Go back to indie Semiconductor, Inc. (INDI) Announces Proposed Convertible Notes Offering

indie Semiconductor Announces Proposed Convertible Senior Notes Offering

December 2, 2024 4:05 PM EST

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor, Inc. (indie or we) (NASDAQ: INDI), an automotive solutions innovator, today announced that it plans to offer, subject to market and other conditions, $175 million aggregate principal amount of its Convertible Senior Notes due 2029 (the notes) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the Securities Act). indie expects to grant the initial purchasers in the offering an option to purchase, during a 13-day period beginning on, and including, the date... More