---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-106496"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2024-12-06T23:59:59+00:00"
generated_at: "2026-05-29T06:43:03.095742+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Indie Semiconductor closes $218.5M 3.5% convertible senior notes offering due 2029

## Summary
- Total principal $218.5M ($190M initial + $28.5M option exercised); interest 3.50% semi-annual, maturity Dec 15, 2029.
- Initial conversion price ~$5.14/share, a 27.5% premium over the $4.03 stock price on Dec 3, 2024.
- Capped call transactions cost ~$23.4M, cap price $8.06/share, to reduce potential dilution upon conversion.
- Net proceeds estimated at ~$210.9M; used for capped call cost ($20.3M), working capital, and potential acquisitions.

## SEC filing metadata
- accession: 0001213900-24-106496
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2024-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000121390024106496/0001213900-24-106496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000121390024106496/ea0223811-8k_indie.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-106496
- JSON: https://secwatch.observer/filing/0001213900-24-106496.json
- Plain text: https://secwatch.observer/filing/0001213900-24-106496.txt

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