Highest-materiality recent filing
indie Semiconductor co-founder and President Aoki to retire; Thomas Schiller appointed to board
Dr. Ichiro Aoki resigns as President and board member effective June 29, 2026; transitions to Technical Advisor.
Indie Semiconductor shareholders approve 17M share increase for equity incentive plan
Shareholders approved amendment to 2021 Omnibus Plan increasing share reserve by 17M shares (101.99M for, 29.24M against).
indie to acquire ams-OSRAM CMOS image sensor business for €40M (~$47.1M)
Total consideration: €40M, consisting of €35M cash at closing and €5M vendor debt note (2.5% interest, 24 months).
indie Semiconductor Q1 revenue $55.5M, beats midpoint; non-GAAP loss narrows to $0.06/share
Revenue $55.5M, up 3% YoY, exceeding midpoint of outlook.
Indie Semiconductor sells additional $20.5M of 4.00% convertible notes due 2031
Initial purchasers exercised option to purchase $20.5M in additional 4.00% Convertible Senior Notes due 2031.
Indie Semiconductor issues $150M 4% convertible notes due 2031; repurchases $104M of 2027 notes
Issued $150M aggregate principal of 4.00% Convertible Senior Notes due 2031; initial purchasers option for additional $25M.
indie Semi Q4 revenue $58M +8% qoq; Non-GAAP EPS -$0.07; starts radar chipset shipments
Q4 revenue $58M (+8% qoq, $1M above outlook midpoint); GAAP EPS -$0.16, Non-GAAP EPS -$0.07.
indie Q3 revenue $53.7M, GAAP EPS -$0.19; appoints Naixi Wu as CFO
Q3 revenue $53.7M; GAAP operating loss $38.3M vs $49.9M YoY; GAAP EPS loss $0.19; Non-GAAP EPS loss $0.07.
indie sells 34.38% stake in Wuxi JV for ~$135M cash; expects closing late 2026
Definitive agreement to sell entire 34.38% equity interest in Wuxi to United Faith for RMB 960.8M (~$135M) cash.
Indie Semiconductor registers $59.8M unsold ATM shares under new shelf effective March 2025
Total ATM program remains $150M; $59.8M unsold transferred from expiring 2022 registration.
indie Semi Q2 rev $51.6M beats outlook; acquires emotion3D for up to $30M
Q2 revenue $51.6M, non-GAAP gross margin 49.1% both above midpoint; GAAP loss $0.20 per share, non-GAAP loss $0.08.
Indie Semiconductor repurchases $30M of convertible notes for ~$27M
Entered repurchase agreements for $30M aggregate principal of 4.50% Convertible Senior Notes due 2027.
Stockholders approved increase in authorized Class A common shares from 400M to 600M (159.2M for, 7.0M against).
indie Semiconductor signs non-binding deal to sell 34.38% stake in Wuxi JV to United Faith
Indie holds 34.38% equity in Wuxi indie Microelectronics; entered non-binding agreement to sell up to all of its interest.
indie Semiconductor reports Q1 2025 revenue of $54.1M, up 3.3% YoY, and plans $40M cost cuts
Q1 2025 revenue was $54.1 million, up 3.3% year-over-year, with non-GAAP gross margin of 49.5%.
CFO Kanwardev Raja Singh Bal resigns; CEO McClymont to serve as interim principal financial officer
CFO Bal will remain until May 13, 2025, to assist with Q1 10-Q filing.
indie Semiconductor Q4 revenue $58M, up 7.5% sequentially; non-GAAP EPS loss $0.07
Revenue $58.0M, up 7.5% sequentially; non-GAAP gross margin 50.4%.
Indie Semiconductor closes $218.5M 3.5% convertible senior notes offering due 2029
Total principal $218.5M ($190M initial + $28.5M option exercised); interest 3.50% semi-annual, maturity Dec 15, 2029.
Indie Semiconductor proposes $175M convertible senior notes offering due 2029
Offering of $175M aggregate principal amount of Convertible Senior Notes due December 15, 2029.
Indie Semiconductor Q3 revenue $54M beats expectations; guides Q4 $58M; appoints permanent CFO
Q3 revenue $54.0M, up 3.1% sequentially; non-GAAP gross margin 50.4%.
Indie Semi CEO & founders take $1 salary; workforce cut by ~50
CEO McClymont, President Aoki, two other founders, CFO Schiller reduce salary to $1/year effective Sept 1, 2024 through Mar 31, 2025.
Q2 revenue $52.4M flat YoY; Non-GAAP gross margin 50.3%.
Indie Semiconductor sets compensation for acting CFO Raja Bal: $345K salary, 70% bonus, 200K RSUs
Annual base salary of $345,000 effective July 1, 2024.
Indie Semiconductor CFO Thomas Schiller takes temporary medical leave; Raja Bal named acting CFO
Thomas Schiller, CFO and EVP Strategy, began temporary medical leave effective June 20, 2024.
Indie Semiconductor shareholders approve 7M share increase to equity plan; directors re-elected
Stockholders approved amendment to 2021 Omnibus Plan increasing share reserve by 7,000,000 Class A shares.
indie Semiconductor Q1 revenue $52.4M (+29% YoY); non-GAAP loss per share $0.10
Q1 revenue $52.4M, up 29% YoY; non-GAAP gross margin 50.3%.
Director Peter Kight to retire from Indie Semiconductor board, not seeking reelection
Peter Kight notified the company of his retirement and will not stand for reelection at the 2024 annual meeting.
Indie Semiconductor reports record Q4 revenue of $70.1M, up 112% YoY; non-GAAP EPS loss $0.01
Q4 revenue $70.1M (+112% YoY, +16% sequential), within prior guidance range.
Indie Semiconductor appoints Michael Wittmann as COO effective Jan 22, 2024
Michael Wittmann, 53, promoted from SVP & GM of Power Business Unit to COO.
Indie Q3 revenue $60.5M (+101% YoY), guides Q4 $70-75M, completes warrant exchange
Q3 revenue $60.5M, up 101% YoY and 16% sequentially; non-GAAP gross margin 52.7%.
indie Semiconductor completes warrant exchange; 90% tendered, remaining to be forced exchanged
24,658,461 warrants (~90% of outstanding) tendered; Company issued 7,027,517 shares of Class A common stock.
Indie Semiconductor concludes warrant exchange with 89.8% tender; all warrants to be eliminated
Approximately 89.8% of outstanding warrants (24,596,363 warrants) validly tendered; settlement expected by October 25, 2023.
Indie Semiconductor pre-announces Q3 revenue above $60M, slightly ahead of guidance
Preliminary Q3 2023 revenue expected above $60M, slightly better than guidance and consensus estimates.
Indie Semiconductor extends warrant exchange offer to Oct 20; 0.1% tendered so far
Offer extended to 11:59 p.m. ET on Oct. 20, 2023; prior expiration was Oct. 19.
Indie Semiconductor launches warrant exchange offer for up to 7.8M shares
Each warrant exchanged gets 0.285 shares of Class A common stock; up to 7,808,968 shares may be issued.
indie Semiconductor closes acquisition of Exalos AG for up to $65M; expects accretion in 2024
Base purchase price of $45M paid in ~6.6M shares; up to $20M earnout based on revenue targets over 24 months.
indie Semiconductor Q2 revenue $52.1M (+102% YoY); guides Q3 to $60M; Bosch win
Q2 revenue $52.1M, up 102% YoY and 29% sequentially; GAAP operating loss $40.7M.
Indie Semiconductor shareholders approve authorized share increase from 250M to 400M
Authorized Class A common shares increased to 400M from 250M; vote 115.2M for, 3.2M against.
Indie Semiconductor COO Steven Machuga to retire effective June 30, 2023; will remain as advisor
COO Steven Machuga notified company of retirement on May 18, 2023.
Indie Semiconductor files Amendment No. 1 to 8-K with GEO Semiconductor financial statements
GEO Semiconductor revenue was $49.95 million for 2022, up from $19.47 million in 2021.
indie Semiconductor beats Q1 expectations: revenue $40.5M, up 84% YoY; Q2 guidance up 102% YoY
Revenue $40.5M, up 84% YoY and 22% sequentially, ahead of guidance and consensus.
Indie Semiconductor completes $270M acquisition of GEO Semiconductor
Total consideration $270M: $90M cash at closing plus ~9.4M shares of indie common stock.
Indie Semiconductor acquires Silicon Radar GmbH for $9M cash and ~980k shares
Acquisition consideration: $9M cash + ~980k shares of Class A common stock; earn-out based on revenue/design-win milestones through Dec 2024.
indie Semiconductor Q4 revenue $33M (+74% YoY); FY22 revenue $110.8M (+129% YoY)
Q4 2022 revenue $33.0M, up 74% YoY and 10% sequentially; non-GAAP gross margin 52.2% (up 590 bps YoY).
indie Semiconductor to acquire GEO Semiconductor for up to $270M; close Q1 2023
Total consideration up to $270M: $90M cash + $90M in ~12M INDI shares at closing, plus up to $90M earnout.
Indie Semiconductor adopts Employment Agreements for five named officers, grants equity awards
CEO McClymont: $400k base salary, 100% target bonus; 286,500 time-based RSUs, 286,500 PRSUs, and stock-price RSUs up to 1M shares.
Appointed Raja Bal as Chief Accounting Officer effective Dec 1, 2022; he previously served as SVP Finance and Controller.
Indie Semiconductor prices $140M (upsized to $160M) 4.5% convertible notes due 2027
Initial $140M notes priced at 4.5% due 2027; initial purchasers exercised option for additional $20M, total $160M.
indie Semiconductor announces $125M convertible notes offering and $50M stock buyback
Plans to offer $125M aggregate principal of Convertible Senior Notes due 2027; initial purchasers have option for additional $18.75M.
indie Semiconductor Q3 revenue $30M (+147% YoY); non-GAAP gross margin 50.4%; backlog $4.3B
Record Q3 revenue $30.0M, up 147% YoY and 17% sequentially; non-GAAP gross margin 50.4% (beat 50% guidance).
On June 18, 2026, the Board appointed Thomas Schiller as a Class III director, upon the recommendation of its Nominating and Corporate Governance Committee with such appointment effective as of the Effective Date
On June 15, 2026, Dr. Ichiro Aoki notified the Board of Directors (the “Board”) of indie Semiconductor, Inc. (the “Company”) of his intent to resign as a member of the Board and as President of the Company, effective June 29, 2026 (the “Effective Date”), as part of a phased retirement plan.
Following Mr. Bal’s departure, the Company’s Chief Executive Officer, Donald McClymont, will assume the duties of principal financial officer and principal accounting officer while the Company conducts a search for a new Chief Financial Officer.
On April 4, 2025, Kanwardev Raja Singh Bal notified indie Semiconductor, Inc. (the “Company”) of his resignation as Chief Financial Officer, Executive Vice President and Chief Accounting Officer of the Company.
On November 5, 2024, the Board of Directors of indie appointed Mr. Bal to serve as Chief Financial Officer and Executive Vice President and principal financial officer on a permanent basis, effective November 7, 2024.
Mr. Schiller is recuperating and will continue with indie in a strategic advisory role upon his return.
Effective immediately, t he Board of Directors of the Company has appointed Raja Bal, the Company’s Chief Accounting Officer, to serve as the acting Chief Financial Officer and principal financial officer.
On April 16, 2024, Peter Kight notified indie Semiconductor, Inc. (the “Company”) that he will retire from the Board of Directors of the Company (the “Board”) and will not stand for reelection at the Company's 2024 annual meeting of stockholders.
indie Semiconductor, Inc. (“indie” or the “Company”) has appointed Michael Wittmann as Chief Operating Officer, effective January 22, 2024.
On May 18 2023, Mr. Steven Machuga notified indie Semiconductor, Inc., a Delaware corporation (the “Company”) of his decision to retire as Chief Operating Officer (“COO”) of the Company.
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.
Diane Biagianti has been appointed by the Board as a Class II director, upon the recommendation of its Nominating Committee, to fill the vacancy created by Mr. Woodward’s resignation.
Max materiality 0.90 · Median 0.65 · Most common event earnings