Indie Semiconductor concludes warrant exchange with 89.8% tender; all warrants to be eliminated

indie Semiconductor, Inc.

Approximately 89.8% of outstanding warrants (24,596,363 warrants) validly tendered; settlement expected by October 25, 2023.
Amendment No. 2 approved, allowing conversion of remaining untendered warrants into 0.2565 shares of Class A common stock.
After settlement, no warrants will remain outstanding; BofA Securities acted as dealer manager.

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