secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K/A
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0000088941-24-000100
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000008894124000100/0000088941-24-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000008894124000100/smtc-20240711.htm
  HTML page:      https://secwatch.observer/filing/0000088941-24-000100

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