Semtech exchanges $188M of 2028 convertible notes for 10.4M common shares

SEMTECH CORP

Closed exchange of $188,050,000 principal of 4.00% Convertible Senior Notes due 2028 plus accrued interest.
Holders received 10,378,431 shares of common stock (par value $0.01) in the privately negotiated transactions.
Shares issued only to qualified institutional buyers and institutional accredited investors under Section 4(a)(2).
The new shares are unregistered and subject to resale restrictions absent registration or exemption.

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