secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2026-05-19T10:58:30+00:00
Accession:  0001451809-26-000045
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiTime files audited financials of Renesas timing business with $207.7M revenue in 2025
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- Revenue in 2025 was $207.7M, up 3.1% from $201.4M in 2024.
- Product revenue less direct expenses (proxy for gross profit) was $76.2M in 2025 vs $70.5M in 2024.
- Net assets acquired totaled $449.5M at Dec 2025, including $382.3M goodwill and $58.4M intangible assets.
- Acquisition consideration: $1.5B cash + 4.13M SiTime shares (collar $308.67-$417.61), expected close end of 2026.
- Direct expenses included $45.7M annual amortization of intangible assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000145180926000045/0001451809-26-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000145180926000045/sitm-20260519.htm
  HTML page:      https://secwatch.observer/filing/0001451809-26-000045

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