Automotive tech manufacturer indie Semiconductor and Thunder Bridge Acquisition II today announced they have entered into a definitive agreement for a business combination. Thunder Bridge would acquire the company in an $840 million all-cash transaction. Upon closing of the transaction, the combined operating entity will be named indie Semiconductor and will list on the Nasdaq under INDI. The transaction reflects an implied equity value for the combined company of roughly $1.4 billion. Read more.
Thunder Bridge II to Merge with indie Semiconductor in $840M Deal
