---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-006310"
form_type: "8-K"
ticker: "INDI"
cik: "0001841925"
company_name: "indie Semiconductor, Inc."
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:33:18.225505+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Indie Semiconductor completes $270M acquisition of GEO Semiconductor

## Summary
- Total consideration $270M: $90M cash at closing plus ~9.4M shares of indie common stock.
- Up to $90M earnout payable in stock or cash based on 18-month performance targets.
- Registration rights and lock-up agreement filed; lock-up period 180 days for 3.55M shares.
- Financial statements of GEO and pro forma financials to be filed within 71 days.
- Acquisition closed March 3, 2023; GEO becomes wholly owned subsidiary.

## SEC filing metadata
- accession: 0001628280-23-006310
- form_type: 8-K
- ticker: INDI
- cik: 0001841925
- company_name: indie Semiconductor, Inc.
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841925/000162828023006310/0001628280-23-006310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841925/000162828023006310/indi-20230303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-006310
- JSON: https://secwatch.observer/filing/0001628280-23-006310.json
- Plain text: https://secwatch.observer/filing/0001628280-23-006310.txt

## Key facts
- M&A Transactions
  indie Semiconductor, Inc. completed an acquisition involving GEO Semiconductor Inc. for $270 million (closed 2023-03-03).
  - Action: acquisition
  - Counterparty: GEO Semiconductor Inc.
  - Consideration: $270 million
  - Closing: 2023-03-03
  source text: set forth above under the heading “Introductory Note” of this Current Report on Form 8-K is incorporated herein by reference. The aggregate consideration for the Merger is $270 million (the “Purchase Price”), of which $90 million was paid in cash at closing (the “Cash Consideration”) and approximately 9.4 million shares of indie shares of Class A common stock,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828023006310/0001628280-23-006310-index.htm
- Material Agreements
  indie Semiconductor, Inc. entered into Registration Rights Agreement with GEO and the Securityholders’ Agent.
  - Action: entry
  - Agreement: merger
  - Counterparty: GEO and the Securityholders’ Agent
  source text: In connection with the consummation of the Merger, indie entered into a registration rights and lock-up agreement (the “Registration Rights Agreement”) with GEO and the Securityholders’ Agent on behalf of the Effective Time Holders (as defined in the Merger Agreement), pursuant to which, among other things, indie agrees to file a Shelf Registration on Form S-1 or Form S-3 (if indie is then eligible to use Form S-3) with respect to the Stock Consideration (as defined below), within thirty (30) days of the closing of the Merger, subject to agreed-upon lock-up provisions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841925/000162828023006310/0001628280-23-006310-index.htm

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