indie Enters into Definitive Agreement to Sell its Interest in Wuxi indie Microelectronics
indie Semiconductor, Inc. - Class A (INDI)
Company Research
Source: Business Wire
ALISO VIEJO, Calif.--(BUSINESS WIRE)--indie (Nasdaq: INDI), an automotive solutions innovator, today announced it has entered into an Asset Purchase Agreement with United Faith Auto-Engineering Co., Ltd., a publicly-listed company in the People’s Republic of China (“United Faith”) on October 27, 2025, to sell its entire 34.38% outstanding equity interest in Wuxi indie Microelectronics Technology Co., Ltd., a Chinese entity (“Wuxi”) to United Faith.The transaction is subject to customary closing conditions for a transaction of this type, including shareholder approval from United Faith and receipt of all required regulatory approvals. United Faith will purchase indie’s outstanding equity interest in Wuxi for RMB 960,834,355, or approximately $135 million, payable in cash.“As indie continues to redefine its vision, with a strong focus on transitioning to higher-value ADAS and automated driver and safety solutions, the sale of Wuxi represents another positive step in our strategic pr
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INDI
Earnings
- 11/6/25 - Beat
INDI
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- INDI's page on the SEC website