{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-23-015115","form_type":"8-K","ticker":"SMTC","cik":"0000088941","company_name":"SEMTECH CORP","filed_at":"2023-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.293400+00:00","generated_at":"2026-06-09T21:27:35.468817+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Semtech reports LTM net loss $440M; announces $250M convertible note offering","bullets":["LTM net loss $440M (GAAP) vs. FY23 net income $61M; includes $280M goodwill impairment.","Adjusted EBITDA $169M, adjusted gross profit $454M for LTM ended Q2 FY24.","Third Amendment to credit agreement extends covenant relief to April 2026, contingent on $250M term loan prepayment.","Plans to issue $250M convertible senior notes due 2028; net proceeds plus cash to prepay term loans."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-23-015115","json":"https://secwatch.observer/filing/0000950103-23-015115.json","markdown":"https://secwatch.observer/filing/0000950103-23-015115.md","text":"https://secwatch.observer/filing/0000950103-23-015115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015115/0000950103-23-015115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015115/dp201541_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T21:27:35.468817+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"512fd8d50867c7437057816e33d3a0701d45f08c","claim":"SEMTECH CORP amended Third Amendment to Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at $250 million (effective 2023-10-19).","evidence_excerpt":"On October 19, 2023, Semtech Corporation (the “ Company ”), with certain of its domestic subsidiaries as guarantors, entered into that certain Third Amendment to Third Amended and Restated Credit Agreement (the “ Third Amendment ”) with the lenders referred to therein and JPMorgan Chase Bank, N.A., as administrative agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015115/0000950103-23-015115-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Value","value":"$250 million"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}