---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-009986"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T18:21:00.763313+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# indie Semiconductor to acquire GEO Semiconductor for up to $270M; close Q1 2023

## Summary
- Total consideration up to $270M: $90M cash + $90M in ~12M INDI shares at closing, plus up to $90M earnout.
- Earnout tied to GEO revenue targets over 18-month post-closing period; stock collared between $8.50 and $11.50 per share.
- Acquisition expected to be accretive to 2023 non-GAAP EPS and add at least $40M to 2023 revenue.
- GEO brings video processors for ADAS with 100+ patents and design wins across 400+ car models and 20+ Tier 1s.
- indie reaffirms Q4 2022 guidance; plans to provide transaction details on Feb 16 earnings call.

## SEC filing metadata
- accession: 0001213900-23-009986
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000121390023009986/0001213900-23-009986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000121390023009986/ea173116-8k_indiesemi.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-009986
- JSON: https://secwatch.observer/filing/0001213900-23-009986.json
- Plain text: https://secwatch.observer/filing/0001213900-23-009986.txt

## Key facts
- Material Agreements
  indie Semiconductor, Inc. entered into Agreement and Plan of Merger with GEO Semiconductor Inc. valued at up to $270 million (effective 2023-02-09).
  - Action: entry
  - Agreement: merger
  - Counterparty: GEO Semiconductor Inc.
  - Value: up to $270 million
  - Effective: 2023-02-09
  source text: On February 9, 2023, indie Semiconductor, Inc., a Delaware corporation (“indie”), entered into an Agreement and Plan of Merger (the “Agreement”), pursuant to which Gonzaga Merger Sub Inc., a Delaware corporation and indie’s wholly-owned subsidiary (“Merger Sub”), will merge with and into GEO Semiconductor Inc., a Delaware corporation (“GEO”), with GEO surviving as a wholly-owned subsidiary of indie (the “Merger”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000121390023009986/0001213900-23-009986-index.htm

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