secwatch.observer — SEC 8-K summary
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Issuer:     InterDigital, Inc. (IDCC)
CIK:        0001405495
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001104659-23-023561
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

InterDigital announces preliminary tender offer results: to buy 2.74M shares at $73.00 for $200M
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- Company expects to purchase 2,739,726 shares at $73.00 per share, aggregate cost ~$200M.
- Shares represent ~9.2% of outstanding shares as of Feb 17, 2023; proration factor ~95.07%.
- Tender offer expired Feb 17, 2023; price range was $65.25-$75.00, final price $73.00.
- CEO Liren Chen states company remains well-positioned to continue returning capital with $200M remaining under repurchase authorization.
- Preliminary results subject to confirmation by depositary; final results to be announced after guaranteed delivery period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405495/000110465923023561/0001104659-23-023561-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405495/000110465923023561/tm233479d21_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-023561

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