indie Semiconductor (INDI) Stock

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor, Inc. (“indie” or “we”) (NASDAQ: INDI), an automotive solutions innovator, today announced the pricing of its offering of $190 million aggregate principal amount of its 3.50% Convertible Senior Notes due 2029 (the “notes”) through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering was upsized from.

indie Semiconductor NASDAQ: INDI is a small-cap chip stock that has had a rough go of it in 2024. Shares are down 43% this year.

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an automotive solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.ind.

The highly specialized chipmaker is attempting to shave costs. These efforts have reached the C-suite.

Indie Semiconductor, Inc. (INDI) came out with a quarterly loss of $0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.11 per share a year ago.

Indie Semiconductors offers semiconductor and software automation solutions with global reach. I think that collaboration with Expedera, efficiency improvements, scalability growth, and lower power consumption are unlevered FCF drivers. Indie Semiconductor's recent acquisitions, inorganic growth strategy, and strong relationships with Top Tier 1 automotive suppliers contribute to future net sales growth.

The U.S. and Europe recently implemented tariffs on Chinese EVs, which could lower adoption for cash-strapped consumers. Warren Buffett continues to sell his big EV holding.

ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indie.

Indie Semiconductor creates semiconductors for automotive computing, specifically targeting ADAS and cabin experience. This article examines the Company's path to profitability, indicating that despite minor challenges, indie is poised to reach and maintain profitability.