Sept. 9, 2022
WASHINGTON, D.C. – Congratulations to the deal team of Jon Talcott, Peter Strand, Mike Bradshaw, and Kaylen Loflin, with special assistance from Gary Brown, in the launch of a $150 million at-the-market (“ATM”) public offering of common stock for indie Semiconductor, Inc. (Nasdaq Capital Market: INDI), an auto tech company designing semiconductors and software platforms with a focus on edge sensors spanning multiple modalities including LiDAR, radar, ultrasound and vision for Advanced Driver Assistance Systems (ADAS), autonomous vehicles, connected car, user experience and electrification applications.
indie Semiconductor, Inc. is an approved vendor to Tier 1 automotive partners and its solutions can be found in marquee automotive OEMs around the world. Headquartered in Aliso Viejo, CA, indie Semiconductor, Inc. has design centers and sales offices in Austin, TX; Boston, MA; Detroit, MI; San Francisco and San Jose, CA; Budapest, Hungary; Dresden and Munich, Germany; Edinburgh, Scotland; Haifa, Israel; Quebec City, Canada; Tokyo, Japan and several locations throughout China. B. Riley Securities, Inc., Craig-Hallum Capital Group LLC and Roth Capital Partners, LLC are serving as sales agents.
ATMs are a useful tool for a public company that may want to issue stock quietly, easily and cheaply, to raise capital. In the past year, the Nelson Mullins securities team has launched a number of ATMs, both as issuer’s counsel and sales agent’s counsel.
Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 930 attorneys and government relations professionals with offices in 15 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.
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