---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-031291"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2022-12-02T23:59:59+00:00"
generated_at: "2026-06-21T10:24:50.889224+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Indie Semiconductor secures ¥300M strategic investment in Chinese subsidiary from top OEMs; appoints new CAO

## Summary
- Appointed Raja Bal as Chief Accounting Officer effective Dec 1, 2022; he previously served as SVP Finance and Controller.
- Closed ¥300M (~$42.7M) Series B investment in majority-controlled subsidiary Wuxi indie Microelectronics Ltd.
- Investors include two of China's top four automotive OEMs; investment strengthens Wuxi's go-to-market capability.
- Agreement includes liquidation preferences and exchange right for Wuxi shares into indie Class A stock if no IPO by Dec 31, 2027.

## SEC filing metadata
- accession: 0001628280-22-031291
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2022-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000162828022031291/0001628280-22-031291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828022031291/indi-20221129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-031291
- JSON: https://secwatch.observer/filing/0001628280-22-031291.json
- Plain text: https://secwatch.observer/filing/0001628280-22-031291.txt

## Key facts
- Executive change
  Raja Bal was appointed as Chief Accounting Officer at indie Semiconductor, Inc..
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: On December 1, 2022, the Board of Directors (the “Board”) of indie Semiconductor, Inc. (“indie” or the “Company”) appointed Raja Bal (“Mr. Bal”) as the Chief Accounting Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828022031291/0001628280-22-031291-index.htm

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