indie Semiconductor Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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Sep 30, 2024 · Filed Nov 8, 2024
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Item 5. OTHER INFORMATION
On November 7, 2024 in connection with the acquisition of Exalos AG, the Company issued 2,845,243 shares of our Class A common stock as payment for the first tranche of contingent consideration that was due upon achievement of a revenue-based target for the 12-month period ending on September 30, 2024. The securities were issued by the Company in reliance upon Section 4(a)(2) of the Securities Act of 1933, as amended.
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