{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-23-015416","form_type":"8-K","ticker":"SMTC","cik":"0000088941","company_name":"SEMTECH CORP","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.293851+00:00","generated_at":"2026-06-09T09:25:43.585627+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Semtech issues $250M of 4.00% convertible senior notes due 2028","bullets":["$250M aggregate principal, 4.00% interest payable semi-annually, maturity Nov 1, 2028.","Initial conversion rate of 49.0810 shares per $1,000 (~$20.37 per share) of common stock.","Notes are senior unsecured; guaranteed by current and future wholly-owned domestic subsidiaries.","Sold via private placement to QIBs and accredited investors; no shelf registration planned.","Up to 15,644,550 shares of common stock may be issuable upon conversion at the max conversion rate."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-23-015416","json":"https://secwatch.observer/filing/0000950103-23-015416.json","markdown":"https://secwatch.observer/filing/0000950103-23-015416.md","text":"https://secwatch.observer/filing/0000950103-23-015416.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015416/0000950103-23-015416-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015416/dp201833_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:25:43.585627+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":"cbe01513703f06e61cbe63b79825f21fd8b3ed12","claim":"SEMTECH CORP incurred convertible notes of $250 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.00% per year maturing November 1, 2028.","evidence_excerpt":"Semtech Corporation (the “ Company ”) entered into an indenture (the “ Indenture ”) governing the terms of its $250 million aggregate principal amount of 4.00% Convertible Senior Notes due 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015416/0000950103-23-015416-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$250 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"4.00% per year"},{"label":"Maturity","value":"November 1, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f24946d5061c243e87001edafdaafb512592d740","claim":"SEMTECH CORP entered into Indenture with U.S. Bank Trust Company, National Association valued at $250 million aggregate principal amount of 4.00% Convertible Senior Notes due 2028 (effective 2023-10-26).","evidence_excerpt":"On October 26, 2023, Semtech Corporation (the \" Company \") entered into an indenture (the \" Indenture \") governing the terms of its $250 million aggregate principal amount of 4.00% Convertible Senior Notes due 2028 (the \" Notes \") , by and among the Company, the Subsidiary Guarantors (as defined below) and U.S. Bank Trust Company, National Association, as trustee (the \" Trustee \").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/88941/000095010323015416/0000950103-23-015416-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$250 million aggregate principal amount of 4.00% Convertible Senior Notes due 2028"},{"label":"Effective","value":"2023-10-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}