Thunder Bridge II Shareholders Approve $1.4B indie Semiconductor Deal

indie Semiconductor

Thunder Bridge Acquisition II in an 8-K filing said its shareholders voted in favor of the SPAC’s merger with indie Semiconductor. About 90 percent of voted shares were cast in support of the deal, which values the combined enterprise at an equity value of $1.4 billion.

Announced in December, terms call for an $840 million all-cash transaction. 

The deal is expected to close today with the new company’s shares trading on the Nasdaq under INDI. Read more.

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