secwatch.observer — SEC 8-K summary
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Issuer:     CIRRUS LOGIC, INC. (CRUS)
CIK:        0000772406
Form:       8-K
Filed at:   2021-07-20T23:59:59+00:00
Accession:  0000772406-21-000024
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/772406/000077240621000024/0000772406-21-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/772406/000077240621000024/crus-20210720.htm
  HTML page:      https://secwatch.observer/filing/0000772406-21-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer