indie Semiconductor $150 million convertible senior notes offering
We advised the representatives of the initial purchasers on the offering
Davis Polk advised the representatives of the several initial purchasers in connection with a Rule 144A offering by indie Semiconductor, Inc. of $150 million aggregate principal amount of its 4.00% convertible senior notes due 2031.
Headquartered in Aliso Viejo, California, indie offers highly innovative semiconductors, photonics and software solutions for Advanced Driver Assistance Systems (ADAS), autonomous vehicle, electrification, humanoid robotics and quantum technology applications. indie focuses on edge sensors across multiple modalities spanning light detection and ranging (LiDAR), radar, ultrasound and computer vision.
The Davis Polk corporate team included partners Alan F. Denenberg and Beth LeBow, counsel Joseph G. Marano and associates Jared Madnick and Ryan Pham. The tax team included partner Aliza Slansky, counsel Yixuan Long and associate Valentin Va de Walle. Partner Matthew J. Bacal provided intellectual property and data privacy advice. Counsel David A. Zilberberg provided environmental advice. Members of the Davis Polk team are based in the Northern California and New York offices.