---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-25-000109"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2025-07-28T23:59:59+00:00"
generated_at: "2026-05-18T00:40:14.835271+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cadence settles export control violations; pleads guilty to conspiracy, pays $140.6M

## Summary
- Settlements with BIS and DOJ resolve violations from 2015-2021 involving $45.3M in sales to a China customer without authorization.
- Cadence pleads guilty to one count of conspiracy; plea includes 3-year probation and enhanced compliance obligations.
- Aggregate net penalties and forfeitures of $140.6M payable in fiscal Q3 2025.
- BIS administrative settlement requires two annual internal export compliance audits as condition to export eligibility.
- Plea agreement subject to court approval; Cadence says it has significantly enhanced compliance programs since conduct occurred.

## SEC filing metadata
- accession: 0000813672-25-000109
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2025-07-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367225000109/0000813672-25-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367225000109/cdns-20250727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-25-000109
- JSON: https://secwatch.observer/filing/0000813672-25-000109.json
- Plain text: https://secwatch.observer/filing/0000813672-25-000109.txt

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