---
schema_version: "secwatch.filing_event.v1"
accession: "0000772406-21-000024"
form_type: "8-K"
ticker: "CRUS"
cik: "0000772406"
company_name: "CIRRUS LOGIC, INC."
filed_at: "2021-07-20T23:59:59+00:00"
generated_at: "2026-06-30T04:18:36.149880+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cirrus Logic completes acquisition of Lion Semiconductor for $335M cash

## Summary
- On July 20, 2021, Cirrus Logic closed its acquisition of Lion Semiconductor, previously announced July 8.
- Total purchase price $335M in cash, subject to adjustments for cash, debt, net working capital, transaction expenses, and holdback.
- Lion Semiconductor becomes a wholly-owned subsidiary of Cirrus Logic (CRUS).
- Merger agreement incorporated by reference from Cirrus Logic's 8-K filed July 8, 2021.

## SEC filing metadata
- accession: 0000772406-21-000024
- form_type: 8-K
- ticker: CRUS
- cik: 0000772406
- company_name: CIRRUS LOGIC, INC.
- filed_at: 2021-07-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/772406/000077240621000024/0000772406-21-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/772406/000077240621000024/crus-20210720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000772406-21-000024
- JSON: https://secwatch.observer/filing/0000772406-21-000024.json
- Plain text: https://secwatch.observer/filing/0000772406-21-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.