other_material
confidence high
sentiment neutral
materiality 0.75
Intel sells 57.5M Mobileye shares at $16.50; Mobileye repurchases $100M from Intel
Mobileye Global Inc.
- Intel sold 57.5M shares of Mobileye Class A at $16.50 via Goldman Sachs & BofA; offering closed July 11.
- Mobileye repurchased 6.23M shares from Intel at $16.04625 per share for $100M aggregate.
- Intel converted 50M Class B shares to Class A on same day; Mobileye received no proceeds.
- Mobileye did not sell any shares in the offering and received no proceeds from the secondary.
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