Magnachip enters $50M at-the-market stock offering with B. Riley Securities

MAGNACHIP SEMICONDUCTOR Corp

Up to $50M of common stock may be sold through B. Riley Securities as agent or principal.
Proceeds intended for general corporate purposes including AI data center and robotics growth initiatives.
Offering made under shelf registration statement filed June 12, 2026, effective June 16, 2026.
Company not obligated to sell any shares; agreement terminable at will by either party.
No specific share price, timings, or minimum conditions disclosed in the initial agreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MAGNACHIP SEMICONDUCTOR Corp entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc. valued at up to $50,000,000 (effective 2026-06-17).

Action: entry
Agreement: atm program
Counterparty: B. Riley Securities, Inc.
Value: up to $50,000,000
Effective: 2026-06-17

Exact text from the filing

On June 17, 2026, Magnachip Semiconductor Corporation (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (the “Sales Agent”), pursuant to which the Company may offer and sell, from time to time, shares of its common stock, par value $0.01 per share (the “Shares”) having an aggregate offering price of up to $50,000,000 through the Sales Agent, acting as its agent, or directly to the Sales Agent, acting as principal.

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Source: SEC EDGAR

accession 0001193125-26-274356

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