secwatch.observer — SEC 8-K summary
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Issuer:     indie Semiconductor, Inc. (INDI)
CIK:        0001841925
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001628280-23-006310
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Indie Semiconductor completes $270M acquisition of GEO Semiconductor
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841925/000162828023006310/0001628280-23-006310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841925/000162828023006310/indi-20230303.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-006310

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