indie Semiconductor Announces New Employee Inducement Grants

Rhea-AI Summary

Indie Semiconductor (INDI) has granted equity awards to new employees under its 2023 Inducement Incentive Plan. The grants were approved by the Compensation Committee of the Board of Directors. For more information, visit the company's investor relations website.

ALISO VIEJO, Calif.--(BUSINESS WIRE)-- indie Semiconductor (Nasdaq: INDI), an Autotech solutions innovator, today announced that it has granted equity awards (the “Inducement Grants”) under its 2023 Inducement Incentive Plan to new employees who joined indie. The grants were previously approved by the Compensation Committee of the Board of Directors of indie Semiconductor. Information regarding the equity awards can be found on the company's investor relations website at: https://investors.indiesemi.com/news/default.aspx

About indie

indie is empowering the Autotech revolution with next generation automotive semiconductors and software platforms. We focus on developing innovative, high-performance and energy-efficient technology for ADAS, user experience and electrification applications. Our mixed-signal SoCs enable edge sensors spanning Radar, LiDAR, Ultrasound, and Computer Vision, while our embedded system control, power management and interfacing solutions transform the in-cabin experience and accelerate increasingly automated and electrified vehicles. We are an approved vendor to Tier 1 partners and our solutions can be found in marquee automotive OEMs worldwide. Headquartered in Aliso Viejo, CA, indie has design centers and regional support offices across the United States, Canada, Argentina, Scotland, Germany, Hungary, Morocco, Israel, Japan, South Korea, Switzerland and China.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240308750915/en/

Investor Relations

ir@indiesemi.com

Source: indie Semiconductor

FAQ

What type of awards did indie Semiconductor grant to new employees?

Indie Semiconductor granted equity awards to new employees.

Under which plan were the equity awards granted?

The equity awards were granted under indie Semiconductor's 2023 Inducement Incentive Plan.

Who approved the equity awards at indie Semiconductor?

The Compensation Committee of the Board of Directors approved the equity awards at indie Semiconductor.

Where can more information about the equity awards be found?

More information about the equity awards can be found on indie Semiconductor's investor relations website.