---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-178043"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T21:38:09.740236+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Semtech to exchange $183M convertible notes due 2028 for common stock

## Summary
- Approximately $183M aggregate principal of 4.00% Convertible Senior Notes due 2028 exchanged for common stock.
- Exchange expected to close on or about July 24, 2024, subject to customary closing conditions.
- Assuming per share VWAP of $36.90, Semtech would issue ~9.9 million shares of common stock.
- Reaffirms Q2 FY2025 financial outlook; reports fourth consecutive quarter of sequential bookings growth.
- Received initial bookings for products supporting active copper cable applications.

## SEC filing metadata
- accession: 0001193125-24-178043
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2024-07-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000119312524178043/0001193125-24-178043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000119312524178043/d646893d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-178043
- JSON: https://secwatch.observer/filing/0001193125-24-178043.json
- Plain text: https://secwatch.observer/filing/0001193125-24-178043.txt

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