Indie Semiconductor, Inc. has successfully completed an offering of $150 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031. The offering was conducted under a purchase agreement dated March 3, 2026, with Deutsche Bank Securities Inc. and TD Securities (USA) LLC acting as representatives of the initial purchasers. On March 17, 2026, the initial purchasers exercised their option to purchase an additional $20.5 million of the notes, resulting in net proceeds of approximately $20 million after deducting discounts and commissions. This capital infusion is expected to enhance the company's liquidity position and support its operational strategies moving forward. The notes are convertible into shares of the company's common stock, which may lead to potential dilution for existing shareholders. However, the financing terms are favorable, and the company aims to utilize the proceeds for general corporate purposes, including potential investments in growth initiatives. The successful execution of this offering reflects confidence in Indie Semiconductor's business model and growth prospects.

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