secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0000950142-23-000289
Event type: other_material
Sentiment:  positive
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital increases tender offer price range to $65.25-$75.00 per share for $200M buyback
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- Amended tender offer price range from $60-$69 to $65.25-$75 per share.
- Tender offer remains for up to $200M of common stock; expires Feb 17, 2023 at 11:59 PM ET.
- Closing price on Feb 3 was $71.29; new range exceeds that to encourage tenders.
- If fully subscribed, company will repurchase between 2.67M and 3.07M shares (9-10.3% of outstanding).
- Directors and executive officers not tendering any shares in the offer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000095014223000289/0000950142-23-000289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000095014223000289/eh230327564_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-000289

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