{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-027390","form_type":"8-K","ticker":"CEVA","cik":"0001173489","company_name":"CEVA INC","filed_at":"2023-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.414251+00:00","generated_at":"2026-06-10T06:16:14.609276+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CEVA completes sale of Intrinsix Corp. to Cadence for $35M cash","bullets":["Sale closed Oct 2, 2023; Intrinsix now a wholly owned subsidiary of Cadence Design Systems.","$35M gross consideration less $7.5M intercompany repayment, net ~$27.5M.","$300K escrow for post-closing adjustments; $3.5M escrow held 18 months for indemnification.","Sale previously announced Sep 14, 2023 under Share Purchase Agreement filed as Exhibit 2.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-027390","json":"https://secwatch.observer/filing/0001437749-23-027390.json","markdown":"https://secwatch.observer/filing/0001437749-23-027390.md","text":"https://secwatch.observer/filing/0001437749-23-027390.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1173489/000143774923027390/0001437749-23-027390-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1173489/000143774923027390/ceva20231001_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T06:16:14.609276+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":"4c591ccb363dbf953fc9fdbdaf593b8cbe579555","claim":"CEVA INC completed a disposition involving Cadence Design Systems, Inc. for $35 million in cash (closed 2023-10-02).","evidence_excerpt":"sold Intrinsix pursuant to the Share Purchase Agreement, made and entered into on September 14, 2023, by and among the Company, Intrinsix and Cadence (the “Agreement”), for $35 million in cash, less approximately $7.5 million repaid by Intrinsix to the Company in respect of an intercompany obligation and subject to other certain purchase price adjustments as","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1173489/000143774923027390/0001437749-23-027390-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Cadence Design Systems, Inc."},{"label":"Consideration","value":"$35 million in cash"},{"label":"Closing","value":"2023-10-02"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}