secwatch.observer — SEC 8-K summary
======================================

Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2023-01-23T23:59:59+00:00
Accession:  0001104659-23-005584
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital launches $200M modified Dutch auction tender offer at $60-$69/share
--------------------------------------------------------------------------------

- Up to $200M of common stock to be repurchased via modified Dutch auction at $60-$69/share.
- Closing price on Jan 20, 2023 was $62.92; maximum shares ~2.9M-3.3M (9.8%-11.2% of outstanding).
- Tender offer expires Feb 17, 2023, unless extended; no minimum tender or financing conditions.
- No directors or executive officers will tender shares in the offer.
- Jefferies LLC is dealer manager; D.F. King & Co. is information agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000110465923005584/0001104659-23-005584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000110465923005584/tm233479d10_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-005584

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer