indie Semiconductor (NASDAQ: INDI) boosts 2031 convertible notes by $20.5M

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

indie Semiconductor, Inc. increased its recent financing by issuing additional convertible debt. Initial purchasers exercised part of their option to buy an extra $20.5 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031, and the company received about $20 million in net cash proceeds after discounts and commissions.

This follows the earlier sale of $150 million of the same notes under a March 3, 2026 purchase agreement, bringing total principal issued under this offering to $170.5 million. The notes are senior unsecured debt that can convert into equity under their terms and mature in 2031.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

03/18/2026 - 05:17 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 17, 2026

INDIE SEMICONDUCTOR, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-40481		88-1735159
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

32 Journey

Aliso Viejo, California

92656

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (949) 608-0854

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on

which registered

Class A common stock, par value $0.0001 per share

INDI

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

As previously reported, indie Semiconductor, Inc. (the “Company”) entered into a purchase agreement (the “Purchase Agreement”), dated as of March 3, 2026, 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 sold $150 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (the “Offering”) and granted an option (the “Option”), for a period of 13-days following the closing of the Offering, to the Initial Purchasers to purchase up to an additional $25 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031. On March 17, 2026, the Initial Purchasers exercised the Option to purchase $20.5 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 and on March 18, 2026, the Company sold to the Initial Purchases such notes and received net proceeds of approximately $20 million, after deducting the Initial Purchasers’ discounts and commissions.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	INDIE SEMICONDUCTOR, INC.

March 18, 2026	By:	/s/ Naixi Wu
		Name:	Naixi Wu
		Title:	Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)

Source: View Original Filing on SEC EDGAR

FAQ

What financing did indie Semiconductor (INDI) complete in this 8-K?

indie Semiconductor completed an additional sale of 4.00% Convertible Senior Notes due 2031. Initial purchasers exercised part of their option, buying $20.5 million in principal amount, providing roughly $20 million of net cash proceeds to the company after discounts and commissions.

How large is indie Semiconductor’s total 4.00% convertible notes issuance?

indie Semiconductor initially issued $150 million of 4.00% Convertible Senior Notes due 2031. With the exercised option for an additional $20.5 million principal amount, the total principal issued under this offering now reaches $170.5 million, expanding the company’s convertible debt financing.

What option did the initial purchasers have in indie Semiconductor (INDI)’s notes deal?

The initial purchasers received a 13-day option to buy up to an additional $25 million principal amount of 4.00% Convertible Senior Notes due 2031. They chose to exercise this option in part, purchasing $20.5 million principal amount of the notes from indie Semiconductor.

How much cash did indie Semiconductor receive from the option exercise?

From the sale of the additional $20.5 million principal amount of 4.00% Convertible Senior Notes, indie Semiconductor received approximately $20 million in net proceeds. This figure reflects deductions for initial purchasers’ discounts and commissions associated with the transaction.

Who were the initial purchasers in indie Semiconductor’s convertible notes offering?

The initial purchasers were represented by Deutsche Bank Securities Inc. and TD Securities (USA) LLC. These firms acted as representatives of the several initial purchasers that participated in buying indie Semiconductor’s 4.00% Convertible Senior Notes due 2031 under the purchase agreement.

What is the interest rate and maturity of indie Semiconductor (INDI)’s new notes?

The notes carry a fixed interest rate of 4.00% and are designated as Convertible Senior Notes due 2031. As senior obligations, they rank ahead of subordinated debt, and their 2031 maturity sets the long-term timeframe for repayment or potential conversion into equity.

Filing Exhibits & Attachments

3 documents