{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-21-000849","form_type":"8-K","ticker":"CRUS","cik":"0000772406","company_name":"CIRRUS LOGIC, INC.","filed_at":"2021-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.736266+00:00","generated_at":"2026-06-30T06:45:36.666488+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cirrus Logic to buy Lion Semiconductor for $335M cash; secures $300M credit line","bullets":["Cirrus Logic to acquire Lion Semiconductor for $335M cash; close in fiscal Q2 2021.","Merger consideration subject to adjustments for cash, debt, net working capital, and holdback.","New $300M senior secured revolver with Wells Fargo replaces existing credit; matures July 2026.","Credit facility pricing: LIBOR + 1.00%-1.75% based on leverage; commitment fee 0.175%-0.275%.","Merger requires Lion stockholder approval; termination date August 19, 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-21-000849","json":"https://secwatch.observer/filing/0001157523-21-000849.json","markdown":"https://secwatch.observer/filing/0001157523-21-000849.md","text":"https://secwatch.observer/filing/0001157523-21-000849.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/772406/000115752321000849/0001157523-21-000849-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/772406/000115752321000849/a52456798.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T06:45:36.666488+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}