SEMTECH CORP incurred convertible notes of up to an additional $52.5 million aggregate principal amount of Notes with U.S. Bank Trust Company, National Association maturing 2030.
“The Company also granted the Initial Purchasers (as defined below) of the Notes an option to purchase, for settlement by (and including) October 15, 2025, up to an additional $52.5 million aggregate principal amount of Notes on the same terms and conditions. The Initial Purchasers exercised their option in full on October 8, 2025, bringing the total aggregate”
Debt Financings
SEMTECH CORP incurred convertible notes of $350 million in aggregate principal amount of 0% Convertible Senior Notes due 2030 with U.S. Bank Trust Company, National Association maturing 2030.
“On October 7, 2025, Semtech Corporation (the “Company”) priced its offering of $350 million in aggregate principal amount of 0% Convertible Senior Notes due 2030 (the “Notes”).”
Governance Changes
SEMTECH CORP: Amended and restated bylaws to align with Delaware law, revise stockholder nomination procedures, add severability, and add emergency bylaws (effective 2025-06-03).
“On June 3, 2025, the Board approved the amendment and restatement of the Bylaws of the Company (as so amended and restated, the “Amended and Restated Bylaws”). The Amended and Restated Bylaws are effective as of June 3, 2025. The amendments effected by the Amended and Restated Bylaws, among other things: (a) align the Company’s bylaws with developments in Delaware law and jurisprudence; (b) revise the procedural and disclosure requirements applicable to stockholders’ director nominations and proposals for other business; (c) include a provision regarding severability; and (d) add bylaws allowing the Board to operate with reduced procedural requirements during an emergency, as defined in the Delaware General Corporation Law.”
Mark P. Russell departed as Senior Vice President, Global Sales and Marketing at SEMTECH CORP.
“On February 20, 2025, Semtech Corporation, a Delaware corporation (“Semtech” or the “Company”), entered into a Separation and General Release Agreement (the “Separation Agreement”) with Mark P. Russell, the Company’s Senior Vice President, Global Sales and Marketing. The Separation Agreement provides that Mr. Russell’s last day of employment with the Company will be March 6, 2025 (the “Separation Date”).”
Rockell N. Hankin resigned as Director at SEMTECH CORP.
“On November 26, 2024, Rockell N. Hankin, a member of the board of directors (the “Board”) of Semtech Corporation (the “Company”), notified the Board of his decision to resign from the Board effective immediately.”
Sylvia Summers Couder departed as Director at SEMTECH CORP.
“Paul H. Pickle and Sylvia Summers Couder no longer serve as directors on the Board of Directors (the "Board") of the Company.”
Paul H. Pickle departed as Director at SEMTECH CORP.
“Paul H. Pickle and Sylvia Summers Couder no longer serve as directors on the Board of Directors (the "Board") of the Company.”
Hong Q. Hou was appointed as President and Chief Executive Officer at SEMTECH CORP.
“Hong Q. Hou, age 60, who has served as director of the Company since July 2023, will serve as President and Chief Executive Officer, effective as of June 6, 2024.”
Paul H. Pickle was terminated as President and Chief Executive Officer at SEMTECH CORP.
“On June 6, 2024, the Board of Directors (the “Board”) of Semtech Corporation (“Semtech” or the “Company”) terminated Paul H. Pickle as President and Chief Executive Officer of the Company, without cause.”
Earnings Releases
SEMTECH CORP reported financial results for fiscal year 2024, which ended January 28, 2024.
“On March 28, 2024, the Registrant issued a press release announcing its financial results for the fourth quarter and fiscal year 2024, which ended January 28, 2024.”
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.