secwatch.observer — SEC 8-K summary
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Issuer:     indie Semiconductor, Inc. (INDI)
CIK:        0001841925
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001628280-25-017067
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Kanwardev Raja Singh Bal resigns; CEO McClymont to serve as interim principal financial officer
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- CFO Bal will remain until May 13, 2025, to assist with Q1 10-Q filing.
- CEO Donald McClymont assumes principal financial and accounting officer duties during CFO search.
- Severance: $586,500 lump sum (salary + target bonus), 12 months COBRA, 6-month equity acceleration.
- Departure is not due to any dispute with the company or its auditors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841925/000162828025017067/0001628280-25-017067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841925/000162828025017067/indi-20250404.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-017067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer