secwatch.observer — SEC 8-K summary
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Issuer:     SILICON LABORATORIES INC. (SLAB)
CIK:        0001038074
Form:       8-K
Filed at:   2023-06-21T23:59:59+00:00
Accession:  0001104659-23-073342
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Silicon Labs completes conversion of $533.6M convertible notes, issues 919,897 shares
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- Holders converted 99.74% of $533.6M principal outstanding of 0.625% convertible notes due 2025.
- Company paid $533.6M cash and issued 919,897 shares of common stock to converting holders.
- Remaining $1.4M principal of notes redeemed at par plus accrued interest; all notes now retired.
- Conversion price was $121.98 per share; additional 0.4101 shares per $1,000 principal for early converters.
- Share issuance exempt from registration under Section 3(a)(9) of Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1038074/000110465923073342/0001104659-23-073342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1038074/000110465923073342/tm2319060d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-073342

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