secwatch / observer

indie Semiconductor, Inc. — fact timeline

Source-grounded facts extracted from indie Semiconductor, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

INDI indie Semiconductor, Inc. JSON

Thomas Schiller was appointed as Class III director at indie Semiconductor, Inc..

“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”

Dr. Ichiro Aoki resigned as President at indie Semiconductor, Inc..

“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.”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-28 meeting.

“The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, by the vote set forth below: For Withhold Abstain Broker Non-Votes 161,511,420 542,620 995,065 -”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Approval of amendment to 2021 Omnibus Equity Incentive Plan to increase shares by 17,000,000 shares at the 2026-05-28 meeting.

“The stockholders approved an amendment to the 2021 Plan to increase the number of shares of Class A common stock reserved for issuance thereunder by 17,000,000 shares, by the vote set forth below: For Withhold Abstain Broker Non-Votes 101,988,508 29,239,290 2,754,007 29,067,300”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Advisory vote to approve named executive officers' compensation at the 2026-05-28 meeting.

“The stockholders voted, on an advisory basis, to approve the named executive officers' compensation as disclosed in the Proxy Statement, by the vote set forth below: For Withhold Abstain Broker Non-Votes 124,667,081 7,794,278 1,520,448 29,067,298”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Election of three Class II directors at the 2026-05-28 meeting.

“The stockholders elected each of the following three directors to serve as Class II directors of the Board for a term expiring at the 2029 annual meeting of stockholders and until their respective successors are elected and qualified, by the vote set forth below: Nominee For Withhold Broker Non-Votes Diane Biagianti 113,390,882 20,590,925 29,067,298 Diane Brink 112,023,802 21,958,005 29,067,298 Karl-Thomas Neumann 131,895,755 2,086,055 29,067,295”
Earnings Releases

indie Semiconductor, Inc. reported first quarter ended March 31, 2026 results: revenue $55.5M, EPS loss per share was $0.21.

“set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 indie Reports First Quarter 2026 Results • Delivered Q1 2026 Revenue of $55.5M, exceeding the midpoint of the outlook, up 3% year-over-year • Received $25M production order for radar chipset from Tier 1 partner driven by two OEM customers ALISO VIEJO,”
Equity Issuances

indie Semiconductor, Inc. issued convertible note to Deutsche Bank Securities Inc. and TD Securities (USA) LLC, as representatives of the several initial purchasers for $150,000,000 aggregate principal amount of 4.00% Convertible Senior Notes due 2031.

“On March 6, 2026, indie Semiconductor, Inc. (the “ Company ”) completed its previously announced private offering (the “ offering ”) of 4.00% Convertible Senior Notes due 2031.”
Debt Financings

indie Semiconductor, Inc. incurred convertible notes of $150,000,000 aggregate principal amount with Deutsche Bank Securities Inc. and TD Securities (USA) LLC, as representatives of the several initial purchasers at 4.00% per annum maturing March 15, 2031.

“Securities (USA) LLC, as representatives of the several initial purchasers named therein (collectively the “ Initial Purchasers ”) pursuant to which the Company agreed to sell $150,000,000 aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (the “ Notes ”). The Company also agreed to grant an option, during a 13-day period beginning on, and”
Material Agreements

indie Semiconductor, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee (effective 2026-03-06).

“The Notes were issued pursuant to an Indenture, dated March 6, 2026, (the “ Indenture ”), between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).”
Material Agreements

indie Semiconductor, Inc. entered into Purchase Agreement with Deutsche Bank Securities Inc. and TD Securities (USA) LLC, as representatives of the several initial purchasers valued at $150,000,000 aggregate principal amount (effective 2026-03-03).

“The Notes were sold under a purchase agreement (the “ Purchase Agreement ”), dated as of March 3, 2026, entered into by and among the Company and Deutsche Bank Securities Inc. and TD Securities (USA) LLC, as representatives of the several initial purchasers named therein (collectively the “ Initial Purchasers ”) pursuant to which the Company agreed to sell $150,000,000 aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (the “ Notes ”).”
Governance Changes

indie Semiconductor, Inc.: Increased authorized shares of Class A common stock from 400,000,000 to 600,000,000 (effective 2025-06-05).

“Following stockholder approval of the Amendment, the Company prepared an Amended and Restated Certificate of Incorporation to reflect the Amendment. The Amended and Restated Certificate of Incorporation became effective upon its filing with the Secretary of State of the State of Delaware on June 5, 2025.”

Donald McClymont changed role as Principal Financial Officer and Principal Accounting Officer at indie Semiconductor, Inc..

“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.”

Kanwardev Raja Singh Bal resigned as Chief Financial Officer, Executive Vice President and Chief Accounting Officer at indie Semiconductor, Inc..

“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.”

Thomas Schiller changed role as Strategic Advisor at indie Semiconductor, Inc..

“Mr. Schiller is recuperating and will continue with indie in a strategic advisory role upon his return.”

Kanwardev Raja Singh Bal was appointed as Chief Financial Officer and Executive Vice President at indie Semiconductor, Inc..

“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.”

Raja Bal was appointed as acting Chief Financial Officer and principal financial officer at indie Semiconductor, Inc..

“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.”
Earnings Releases

indie Semiconductor, Inc. reported first quarter ended March 31, 2024 results: revenue $52.4 million, net income $49.6 million, EPS $0.19. Guidance reaffirmed.

“Inc. (Nasdaq: INDI), an Autotech solutions innovator, today announced first quarter results for the period ended March 31, 2024. Q1 revenue was up 29 percent year-over-year to $52.4 million with Non-GAAP gross margin of 50.3 percent. On a GAAP basis, first quarter 2024 operating loss was $49.6 million compared to $37.0 million a year ago. Non-GAAP operating loss for”

Peter Kight departed as Director at indie Semiconductor, Inc..

“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.”
Earnings Releases

indie Semiconductor, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $70.1 million, EPS Q4 GAAP loss per share was $0.09, while Non-GAAP loss per share was $0.01.

“and year end results for the period ended December 31, 2023. Fourth quarter revenue was up 112 percent from the same period a year ago and 16 percent sequentially to a record $70.1 million, within the Company’s prior guidance range. Non-GAAP gross margin expanded 50 basis points year-over-year to 52.7 percent, in-line with indie’s guidance for the period. On a GAAP”

Michael Wittmann was appointed as Chief Operating Officer at indie Semiconductor, Inc..

“indie Semiconductor, Inc. (“indie” or the “Company”) has appointed Michael Wittmann as Chief Operating Officer, effective January 22, 2024.”
Earnings Releases

indie Semiconductor, Inc. reported third quarter ended September 30, 2023 results: revenue $60.5M. Guidance reaffirmed.

“indie Semiconductor Exceeds Q3 2023 Growth Expectations • D elivers Q3 Revenue of $60.5M, up 101% YoY and 16% Sequentially • Expands Non-GAAP Gross Margin 226 Basis Points YoY to 52.7% • Guides Q4 2023 Revenue to $70M-$75M and non-GAAP EBITDA Breakeven • Reiterates Plan to More than Double Revenue in 2023”
Earnings Releases

indie Semiconductor, Inc. reported the fiscal quarter ended September 30, 2023 results: revenue above $60 million.

“preliminary estimated revenue for the three months ended September 30, 2023 is expected to be above $60 million”
M&A Transactions

indie Semiconductor, Inc. completed an acquisition involving Exalos AG for up to $65 million (closed 2023-09-18).

“UK acquired all of the outstanding common shares of Exalos, each with a nominal value of CHF 1 (the “Acquisition”). The aggregate consideration for the Acquisition is up to $65 million (the “Purchase Price”), consisting of (i) a base purchase price equal to $45.0 million and (ii) up to $20.0 million of additional aggregate consideration contingent upon the”
Material Agreements

indie Semiconductor, Inc. entered into Share Sale and Purchase Agreement with Ay Dee Kay Ltd. (indie UK) and all stockholders of Exalos AG valued at up to $65 million (effective 2023-09-18).

“On September 18, 2023 (the “Closing Date”), indie Semiconductor, Inc., a Delaware corporation (“indie”), completed the acquisition of Exalos AG, a Swiss corporation (“Exalos”), pursuant to that Share Sale and Purchase Agreement (the “Share Purchase Agreement”)”
Earnings Releases

indie Semiconductor, Inc. reported the second quarter ended June 30, 2023 results: revenue $52.1 million. Guidance raised.

“today announced Q2 results for the period ended June 30, 2023. Second quarter revenue was up 102 percent from the same period a year ago and 29 percent sequentially to a record $52.1 million, at the higher end of the Company’s guidance range and slightly ahead of consensus estimates. Non-GAAP gross margin expanded 363 basis points year-over-year to 52.2 percent and”
Governance Changes

indie Semiconductor, Inc.: Increased authorized shares of Class A common stock from 250,000,000 to 400,000,000 (effective 2023-06-22).

“the Company’s stockholders approved the amendment of the Company’s existing Amended and Restated Certificate of Incorporation to increase the number of authorized shares of Class A common stock, par value $0.0001 per share, from 250,000,000 to 400,000,000 (the “Amendment”).”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-12-31 meeting.

“The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, by the vote set forth below: For Against Abstain Broker Non-Votes 118,419,771 340,989 251,238 —”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Amendment to 2021 Omnibus Equity Incentive Plan to increase reserved shares by 7,000,000.

“The stockholders approved an amendment to the 2021 Omnibus Equity Incentive Plan to increase the number of shares of Class A common stock reserved for issuance thereunder by 7,000,000 shares, by the vote set forth below: For Against Abstain Broker Non-Votes 88,711,069 10,662,849 191,911 19,446,169”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Amendment to Amended and Restated Certificate of Incorporation to increase authorized shares of Class A common stock from 250,000,000 to 400,000,000.

“The stockholders approved an amendment to our Amended and Restated Certificate of Incorporation to increase the number of authorized shares of Class A common stock from 250,000,000 to 400,000,000, by the vote set forth below: For Against Abstain Broker Non-Votes 115,183,681 3,178,952 649,363 —”
Shareholder Votes

indie Semiconductor, Inc. shareholders approved Election of three Class II directors.

“The stockholders elected each of the following three directors to serve as Class II directors of the Board for a term expiring at the 2026 annual meeting of stockholders and until their respective successors are elected and qualified, by the vote set forth below: Nominee For Withhold Broker Non-Votes Diane Biagianti 88,471,886 11,093,945 19,446,167 Diane Brink 82,308,641 17,257,191 19,446,166 Karl-Thomas Neumann 97,723,638 1,842,194 19,446,166”

Steven Machuga retired as Chief Operating Officer at indie Semiconductor, Inc..

“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.”
Earnings Releases

indie Semiconductor, Inc. reported the first quarter ended March 31, 2023 results: revenue $40.5 million.

“first quarter results for the period ended March 31, 2023. First quarter revenue was up 84 percent from the same period a year ago and 22 percent sequentially to a record $40.5 million, ahead of indie’s guidance and consensus estimates. Non-GAAP gross margin expanded 484 basis points year-over-year to 52.2 percent and was also better than analyst expectations.”
M&A Transactions

indie Semiconductor, Inc. completed an acquisition involving GEO Semiconductor Inc. for $270 million (closed 2023-03-03).

“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,”
Material Agreements

indie Semiconductor, Inc. entered into Registration Rights Agreement with GEO and the Securityholders’ Agent.

“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.”
Earnings Releases

indie Semiconductor, Inc. reported fourth quarter and year ended December 31, 2022 results: revenue $33.0M.

“Investor Relations section of indie's website at www.indiesemi.com. --- EX-99.1 (EX-99.1) --- indie Semiconductor Achieves Record Q4 and 2022 Results • Posts Q4 Revenue of $33.0M, up 74% Year-over-Year and 10% sequentially • Expands Q4 Non-GAAP Gross Margin to 52.2%, up 590 Basis Points Year-over-Year and 180 Basis Points Sequentially • Delivers $110.8M”
Material Agreements

indie Semiconductor, Inc. entered into Agreement and Plan of Merger with GEO Semiconductor Inc. valued at up to $270 million (effective 2023-02-09).

“On February 9, 2023, indie Semiconductor, Inc., a Delaware corporation (“indie”), entered into an Agreement and Plan of Merger (the “Agreement”), pursuant to which Gonzaga Merger Sub Inc., a Delaware corporation and indie’s wholly-owned subsidiary (“Merger Sub”), will merge with and into GEO Semiconductor Inc., a Delaware corporation (“GEO”), with GEO surviving as a wholly-owned subsidiary of indie (the “Merger”).”

Raja Bal was appointed as Chief Accounting Officer at indie Semiconductor, Inc..

“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.”
Debt Financings

indie Semiconductor, Inc. incurred convertible notes of $160,000,000 with Goldman Sachs & Co. LLC, as representative of the initial purchasers at 4.500% maturing November 15, 2027.

“On November 17, 2022, the Initial Purchasers exercised the Option in full, bringing the total aggregate principal amount for the Notes to $160,000,000.”
Material Agreements

indie Semiconductor, Inc. entered into Purchase Agreement with Goldman Sachs & Co. LLC valued at $160,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027 (effective 2022-11-16).

“On November 16, 2022, indie Semiconductor, Inc. (the “ Company ”) entered into a purchase agreement (the “ Purchase Agreement ”) with Goldman Sachs & Co. LLC, as representative of the initial purchasers (collectively the “ Initial Purchasers ”), pursuant to which the Company agreed to sell $140,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027 (the “ Initial Notes ”). The Company also agreed to grant an option, exercisable within the 30-day period immediately following the date of the Purchase Agreement (the “ Option ”) to the Initial Purchasers to purchase all or part of an additional $20,000,000 aggregate principal amount of 4.500% Convertible Senior Notes due 2027 (the “ Additional Notes ” and, together with the Initial Notes, the “ Notes ”). On November 17, 2022, the Initial Purchasers exercised the Option in full, bringing the total aggregate principal amount for the Notes to $160,000,000.”
Earnings Releases

indie Semiconductor, Inc. reported the third quarter ended September 30, 2022 results: revenue $30.0 million. Guidance reaffirmed.

“third quarter results for the period ended September 30, 2022. Third quarter revenue was up 147 percent from the same period a year ago and 17 percent sequentially to a record $30.0 million. Non-GAAP gross margin expanded 740 basis points year-over-year and 180 basis points sequentially to 50.4 percent, better than indie’s 50.0 percent guidance for the quarter. On a”

Diane Biagianti was appointed as Director at indie Semiconductor, Inc..

“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.”

William Woodward resigned as Director at indie Semiconductor, Inc..

“Effective March 28, 2022, William Woodward resigned as a member of the Board of Directors (the “Board”) and the Nominating and Corporate Governance Committee (the “Nominating Committee”) of indie Semiconductor, Inc. (the “Company”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.