secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001193125-24-273394
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Semtech prices upsized $575M stock offering at $63/sh; net ~$641M for debt repayment
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- Offering of 10,496,032 shares (including full underwriter option) at $63.00 per share, gross proceeds ~$575 million.
- Net proceeds ~$640.7M after underwriting discounts and expenses; used to repay certain indebtedness under Credit Agreement.
- Underwriters: Morgan Stanley and UBS Securities LLC; closing expected Dec 9, 2024.
- Offering upsized from originally announced $400 million to $575 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000119312524273394/0001193125-24-273394-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000119312524273394/d881247d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-273394

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