{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-118848","form_type":"8-K/A","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.922692+00:00","generated_at":"2026-05-21T13:39:33.682302+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Magnachip estimates $12-15M cash cost for Display biz liquidation; sees $15-20M inflow","bullets":["Total cash cost of Display liquidation estimated at $12-15M, offset by expected $15-20M inflow from EOL product sales and IP monetization over ~2 years.","Net statutory severance of $4.5M already fully accrued; remaining charges expected in Q2 2025.","Cash inflow dependent on customer demand and outcome of IP monetization efforts; company maintains small team for EOL support."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-118848","json":"https://secwatch.observer/filing/0001193125-25-118848.json","markdown":"https://secwatch.observer/filing/0001193125-25-118848.md","text":"https://secwatch.observer/filing/0001193125-25-118848.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000119312525118848/0001193125-25-118848-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000119312525118848/d40334d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T13:39:33.682302+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":[{"claim_id":"5b24dd39e2de504ee335aa4078a2b855ae31a611","claim":"MAGNACHIP SEMICONDUCTOR Corp announced a restructuring with charges of approximately $12 to $15 million affecting Magnachip Mixed-Signal, Ltd., the Company’s wholly owned subsidiary that operated the Company’s discontinued Display business.","evidence_excerpt":"The total estimated cash cost of the Liquidation is approximately $12 to $15 million, which is expected to be offset by the cash inflow that the Company will generate as described above.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312525118848/0001193125-25-118848-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $12 to $15 million"},{"label":"Affected area","value":"Magnachip Mixed-Signal, Ltd., the Company’s wholly owned subsidiary that operated the Company’s discontinued Display business"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}