---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-074282"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2022-11-21T23:59:59+00:00"
generated_at: "2026-06-21T15:16:04.916643+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Indie Semiconductor prices $140M (upsized to $160M) 4.5% convertible notes due 2027

## Summary
- Initial $140M notes priced at 4.5% due 2027; initial purchasers exercised option for additional $20M, total $160M.
- Conversion price $8.65/share, ~30% premium over $6.655 close on Nov 16, 2022.
- Concurrent repurchase of ~1.1M shares for ~$7.4M from an initial purchaser.
- Net proceeds ~$135M (full exercise ~$154.5M); used for share repurchases, general corporate, and potential acquisitions.
- Purchasers include Soros Fund Management, Lord Abbett, and Polar Capital.

## SEC filing metadata
- accession: 0001213900-22-074282
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2022-11-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000121390022074282/0001213900-22-074282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000121390022074282/ea169058-8k_indiesemi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-074282
- JSON: https://secwatch.observer/filing/0001213900-22-074282.json
- Plain text: https://secwatch.observer/filing/0001213900-22-074282.txt

## Key facts
- Debt Financings
  indie Semiconductor, Inc. incurred convertible notes of $160,000,000 with Goldman Sachs & Co. LLC, as representative of the initial purchasers at 4.500% maturing November 15, 2027.
  - Instrument: convertible notes
  - Principal: $160,000,000
  - Counterparty: Goldman Sachs & Co. LLC, as representative of the initial purchasers
  - Rate: 4.500%
  - Maturity: November 15, 2027
  - Event: incurrence
  source text: On November 17, 2022, the Initial Purchasers exercised the Option in full, bringing the total aggregate principal amount for the Notes to $160,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000121390022074282/0001213900-22-074282-index.htm
- Material Agreements
  indie Semiconductor, Inc. entered into Purchase Agreement with Goldman Sachs & Co. LLC valued at $160,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027 (effective 2022-11-16).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Goldman Sachs & Co. LLC
  - Value: $160,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027
  - Effective: 2022-11-16
  source text: On November 16, 2022, indie Semiconductor, Inc. (the “ Company ”) entered into a purchase agreement (the “ Purchase Agreement ”) with Goldman Sachs & Co. LLC, as representative of the initial purchasers (collectively the “ Initial Purchasers ”), pursuant to which the Company agreed to sell $140,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027 (the “ Initial Notes ”). The Company also agreed to grant an option, exercisable within the 30-day period immediately following the date of the Purchase Agreement (the “ Option ”) to the Initial Purchasers to purchase all or part of an additional $20,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027 (the “ Additional Notes ” and, together with the Initial Notes, the “ Notes ”). On November 17, 2022, the Initial Purchasers exercised the Option in full, bringing the total aggregate principal amount for the Notes to $160,000,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000121390022074282/0001213900-22-074282-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.