{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-237190","form_type":"8-K","ticker":"SMTC","cik":"0000088941","company_name":"SEMTECH CORP","filed_at":"2025-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.503386+00:00","generated_at":"2026-05-17T04:08:25.972562+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Semtech prices $402.5M of 0% convertible notes due 2030; exchanges existing notes and repays term loans","bullets":["Issued $402.5M aggregate of 0% convertible senior notes due 2030, after full greenshoe exercise.","Net proceeds ~$391.2M; used to exchange ~$219M of 1.625% 2027 notes and ~$61.95M of 4.00% 2028 notes, plus repay $56.3M term loans.","Initial conversion price $101.05/share, 42.5% premium over Oct 7 close of $70.91; capped call transactions cap at $141.82.","Notes mature Oct 15, 2030; no regular interest; redeemable after Oct 20, 2028 under stock price conditions.","Exchanges expected to close by Oct 14, 2025; $100.5M of 2027 notes remain outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-237190","json":"https://secwatch.observer/filing/0001193125-25-237190.json","markdown":"https://secwatch.observer/filing/0001193125-25-237190.md","text":"https://secwatch.observer/filing/0001193125-25-237190.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/88941/000119312525237190/0001193125-25-237190-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/88941/000119312525237190/d98782d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:08:25.972562+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":"74ddefca730e81143c4a77c1ec9a0eacfa1b5c3b","claim":"SEMTECH CORP incurred convertible notes of up to an additional $52.5 million aggregate principal amount of Notes with U.S. Bank Trust Company, National Association maturing 2030.","evidence_excerpt":"The Company also granted the Initial Purchasers (as defined below) of the Notes an option to purchase, for settlement by (and including) October 15, 2025, up to an additional $52.5 million aggregate principal amount of Notes on the same terms and conditions. The Initial Purchasers exercised their option in full on October 8, 2025, bringing the total aggregate","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/88941/000119312525237190/0001193125-25-237190-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"up to an additional $52.5 million aggregate principal amount of Notes"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Maturity","value":"2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"dc4746386b6b62bb6c161052ecebfbb47a8b6871","claim":"SEMTECH CORP incurred convertible notes of $350 million in aggregate principal amount of 0% Convertible Senior Notes due 2030 with U.S. Bank Trust Company, National Association maturing 2030.","evidence_excerpt":"On October 7, 2025, Semtech Corporation (the “Company”) priced its offering of $350 million in aggregate principal amount of 0% Convertible Senior Notes due 2030 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/88941/000119312525237190/0001193125-25-237190-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$350 million in aggregate principal amount of 0% Convertible Senior Notes due 2030"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Maturity","value":"2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}