{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-237180","form_type":"8-K","ticker":"SITM","cik":"0001451809","company_name":"SITIME Corp","filed_at":"2026-05-22T21:16:57+00:00","discovered_at":"2026-05-22T21:18:00.274625+00:00","generated_at":"2026-05-22T21:20:08.195222+00:00","sec_items":["1.01","8.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"confidence":"high","headline":"SiTime closes $1.35B 0% convertible note offering to fund Renesas asset acquisition","bullets":["Offering of $1.35B aggregate principal (incl. $150M over-allotment) of 0% Convertible Senior Notes due 2031 closed.","Initial conversion price ~$1,040.47/share, a 50% premium to May 19 close; net proceeds ~$1.32B.","Used $121.5M for capped call transactions with cap price $1,734.15/share (150% premium).","Net proceeds will partly fund the previously announced acquisition of Renesas timing assets.","Remainder for general corporate purposes; notes are unsecured, mature June 15, 2031."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-237180","json":"https://secwatch.observer/filing/0001193125-26-237180.json","markdown":"https://secwatch.observer/filing/0001193125-26-237180.md","text":"https://secwatch.observer/filing/0001193125-26-237180.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451809/000119312526237180/0001193125-26-237180-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451809/000119312526237180/d47334d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T21:20:08.195222+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}