{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-077349","form_type":"8-K","ticker":"INDI","cik":"0001841925","company_name":"indie Semiconductor, Inc.","filed_at":"2023-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.669729+00:00","generated_at":"2026-06-10T15:15:50.610821+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"indie Semiconductor closes acquisition of Exalos AG for up to $65M; expects accretion in 2024","bullets":["Base purchase price of $45M paid in ~6.6M shares; up to $20M earnout based on revenue targets over 24 months.","Exalos brings SLED and SOA products for ADAS, LiDAR, HUD, and IMU navigation, backed by 59 global patents.","Acquisition adds 17 engineers with expertise in bright light sources; expected financially neutral in 2023 and accretive in 2024.","Transaction approved by both boards and closed on September 18, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-077349","json":"https://secwatch.observer/filing/0001213900-23-077349.json","markdown":"https://secwatch.observer/filing/0001213900-23-077349.md","text":"https://secwatch.observer/filing/0001213900-23-077349.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841925/000121390023077349/0001213900-23-077349-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841925/000121390023077349/ea185338-8k_indiesemi.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:15:50.610821+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":"86316758dc949bd634e8622a92d7b8b3bec7141e","claim":"indie Semiconductor, Inc. completed an acquisition involving Exalos AG for up to $65 million (closed 2023-09-18).","evidence_excerpt":"UK acquired all of the outstanding common shares of Exalos, each with a nominal value of CHF 1 (the “Acquisition”). The aggregate consideration for the Acquisition is up to $65 million (the “Purchase Price”), consisting of (i) a base purchase price equal to $45.0 million and (ii) up to $20.0 million of additional aggregate consideration contingent upon the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841925/000121390023077349/0001213900-23-077349-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Exalos AG"},{"label":"Consideration","value":"up to $65 million"},{"label":"Closing","value":"2023-09-18"}],"fact_type":"ma_transaction"},{"claim_id":"54108103cda3addca8785fb2b84a23427c0bd3f0","claim":"indie Semiconductor, Inc. entered into Share Sale and Purchase Agreement with Ay Dee Kay Ltd. (indie UK) and all stockholders of Exalos AG valued at up to $65 million (effective 2023-09-18).","evidence_excerpt":"On September 18, 2023 (the “Closing Date”), indie Semiconductor, Inc., a Delaware corporation (“indie”), completed the acquisition of Exalos AG, a Swiss corporation (“Exalos”), pursuant to that Share Sale and Purchase Agreement (the “Share Purchase Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841925/000121390023077349/0001213900-23-077349-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Ay Dee Kay Ltd. (indie UK) and all stockholders of Exalos AG"},{"label":"Value","value":"up to $65 million"},{"label":"Effective","value":"2023-09-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}