M&A - indie Semiconductor, Inc.
Form Type: 8-K
Filing Date: 2025-05-19
Corporate Action: Acquisition
Type: New
Accession Number: 000162828025026609
Filing Summary: On May 19, 2025, indie Semiconductor, Inc. announced a non-binding agreement to sell its 34.38% equity interest in Wuxi indie Microelectronics Technology Co., Ltd. to United Faith Auto-Engineering Co., Ltd. The agreement is subject to the negotiation and execution of definitive agreements, completion of due diligence, and regulatory approvals. United Faith disclosed its agreements with Wuxi's stockholders for acquiring all outstanding shares. This action is part of indie's strategy to potentially divest its holdings in Wuxi as indicated in prior filings, including their latest Form 10-K and Form S-3.
Additional details:
Equity Interest Percentage: 34.38
Acquirer Name: United Faith Auto-Engineering Co., Ltd.
Target Company: Wuxi indie Microelectronics Technology Co., Ltd.
Transaction Type: non-binding agreement
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