Semtech Corp Files 8-K on Equity Sales & Disclosures
Ticker: SMTC · Form: 8-K · Filed: Jul 12, 2024 · CIK: 88941
Sentiment: neutral
Topics: equity-sale, disclosure, sec-filing
TL;DR
Semtech filed an 8-K on July 11, 2024, covering equity sales and other disclosures.
AI Summary
On July 11, 2024, Semtech Corporation filed an 8-K report detailing unregistered sales of equity securities. The filing also included Regulation FD disclosures and other events, along with financial statements and exhibits. The company is incorporated in Delaware and headquartered in Camarillo, California.
Why It Matters
This filing provides insight into Semtech's equity transactions and regulatory disclosures, which can impact investor understanding of the company's financial activities and compliance.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of equity sales and other corporate events, not indicating immediate financial distress or significant operational changes.
Key Numbers
- 001-06395 — SEC File Number (Identifies Semtech's filing with the SEC)
- 95-2119684 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Semtech Corporation (company) — Registrant
- July 11, 2024 (date) — Date of earliest event reported
- Camarillo, California (location) — Principal executive offices location
- Delaware (location) — State of incorporation
FAQ
What specific type of equity securities were sold?
The filing indicates 'Unregistered Sales of Equity Securities' but does not specify the exact type within this 8-K.
What were the 'Other Events' reported?
The filing lists 'Other Events' as an item but does not provide specific details in the provided text.
When was the earliest event reported in this 8-K?
The earliest event reported was on July 11, 2024.
Where is Semtech Corporation's principal executive office located?
Semtech Corporation's principal executive office is located at 200 Flynn Road, Camarillo, California, 93012-8790.
What is Semtech Corporation's standard industrial classification?
Semtech Corporation's standard industrial classification is 'SEMICONDUCTORS & RELATED DEVICES [3674]'.
Filing Stats: 1,504 words · 6 min read · ~5 pages · Grade level 15.1 · Accepted 2024-07-12 06:35:31
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share SMTC The Nasdaq Global Se
- $183 million — exchange with the Company approximately $183 million in aggregate principal amount of 2028 N
- $36.90 — ing each day of the averaging period is $36.90 (the closing price of the Common Stock
Filing Documents
- d646893d8k.htm (8-K) — 35KB
- d646893dex991.htm (EX-99.1) — 8KB
- g646893g0711230104459.jpg (GRAPHIC) — 6KB
- 0001193125-24-178043.txt ( ) — 173KB
- smtc-20240711.xsd (EX-101.SCH) — 3KB
- smtc-20240711_lab.xml (EX-101.LAB) — 17KB
- smtc-20240711_pre.xml (EX-101.PRE) — 11KB
- d646893d8k_htm.xml (XML) — 3KB
Forward-Looking Statements
Forward-Looking Statements This report contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended, based on the Company's current expectations, estimates and projections about its operations, industry, financial condition, performance, results of operations, and liquidity. Forward-looking statements are statements other than historical information or statements of current condition and include, among others, statements regarding: guidance for the Company's second quarter of fiscal year 2025; the timing of the Exchanges; the number of Shares the Company expects to issue upon consummation of the Exchanges; whether the conditions for the closing of the Exchanges will be satisfied; and the Company's plans, objectives and expectations, including its financial outlook and bookings for its second quarter of fiscal year 2025. Statements containing words such as "may," "believes," "anticipates," "expects," "intends," "plans," "projects," "estimates," "should," "could," "will," "designed to," "projections," or "business outlook," or other similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results and events to differ materially from those projected. Potential factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: whether the Company will be able to execute and complete the Exchanges in a timely manner if at all; the Company's ability to forecast and achieve anticipated net sales and earnings estimates in light of periodic economic uncertainty; downturns in the business cycle; decreased average selling prices of the Company's products; and the Company's ability to comply with, or pursue business strategies due to the covenants under the agreements governing its indebtedness. Additionally
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Semtech Corporation, dated July 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SEMTECH CORPORATION Date: July 12, 2024 /s/ Mark Lin Name: Mark Lin Title: Chief Financial Officer