Indie Semiconductor Inc - Ordinary Shares - Class A

:THBR   10:55:20 AM EDT
10.52
+0.17 (+1.64%)
Mergers / Acquisitions

Indie Semiconductor Enters Definitive Merger Agreement With Thunder Bridge Acquisition II Ltd

Published: 12/15/2020 12:12 GMT
(THBR) - Indie Semiconductor Enters Definitive Merger Agreement With Thunder Bridge Acquisition Ii, Ltd.
Thunder Bridge Acquisition Ii Ltd - Deal Reflects Implied Equity Value of Combined Company of $1.4 Billion, With $10.00 per Share Pipe Subscription Price.
Thunder Bridge Acquisition Ii - Upon Closing, Combined Co Will Receive Up to $495 Million in Cash, Incl.
$150 Million Pipe, $345 Million in Cash Held in Trust.
Thunder Bridge Acquisition Ii Ltd - Upon Closing of Transaction, Combined Company Will Be Led by Indie's Management Team.
Thunder Bridge Acquisition Ii Ltd - Combined Operating Entity Will Be Named Indie Semiconductor, Inc, Listed on Nasdaq Stock Market Under Ticker Indi.