indie Semiconductor Inc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2024-03-31; filed 2024-05-10.
0001628280-24-022356
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2024-06-30; filed 2024-08-09.
0001628280-24-036484
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 5 previous paragraphs and 5 current paragraphs.
3 unchanged; 1 reworded; 1 added; 1 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1)
Current report
On May 31, 2024 in connection with the acquisition of Geo Semiconductor, Inc., we issued 6,096,924 shares of our Class A common stock as payment for a portion of contingent consideration due upon achievement of certain Geo Semiconductors, Inc. revenue-based targets. The securities were issued by the Company in reliance upon Section 4(a)(2) of the Securities Act of 1933, as amended.
Removed paragraphs (1)
Previous report
On March 20, 2024, we issued 525,000 shares of our Class A common stock to Expedera, Inc. (“Expedera”), in connection with our investment in the Series B-1 Preferred Stock of Expedera.
Reworded paragraphs (1)
Previous wording
On various dates between January 8, 2024 and March 4, 2024, we issued an aggregate of 130,516 shares of its Class A common stock to two ADK Minority Holders (as defined in Note 12, Noncontrolling Interest)in exchange for an equal number of their ADK LLC units. The shares of Class A common stock were issued to the two ADK Minority Holders in reliance on the exemption under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). In connection with such exchange, 100,000 shares of Class V common stock held by the ADK Minority Holders were cancelled and 30,516 shares of ADK LLC units were exchanged to Class A common stock.
Current wording
On various dates between May 28, 2024 and June 24, 2024, we issued an aggregate of 550,000 shares of its Class A common stock to two ADK Minority Holders (as defined in Note 12, Noncontrolling Interest)in exchange for an equal number of their ADK LLC units. The shares of Class A common stock were issued to the two ADK Minority Holders in reliance on the exemption under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). In connection with such exchange, 550,000 shares of Class V common stock held by the ADK Minority Holders were cancelled and zero shares of ADK LLC units were exchanged to Class A common stock.