---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-097445"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2022-04-06T23:59:59+00:00"
generated_at: "2026-06-26T09:03:39.232445+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MagnaChip amends termination agreement; $4.8M balance due June 30, 2022

## Summary
- Parent paid $14.4M on April 4, 2022 as part of the $70.2M termination fee.
- Remaining $4.8M secured by new standby letter of credit, due by June 30, 2022.
- Total of $65.4M of the termination fee has now been received.
- Merger was terminated in December 2021 after CFIUS clearance was not obtained.

## SEC filing metadata
- accession: 0001193125-22-097445
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2022-04-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312522097445/0001193125-22-097445-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312522097445/d347902d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-097445
- JSON: https://secwatch.observer/filing/0001193125-22-097445.json
- Plain text: https://secwatch.observer/filing/0001193125-22-097445.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.