# indie Semiconductor completes business combination with Thunder Bridge Acquisition II

indie Semiconductor, an Autotech solutions innovator, has completed its business combination with SPAC Thunder Bridge Acquisition II, Ltd. The combined company will trade on Nasdaq as 'INDI' starting June 11, 2021.

- Type: Acquisition
- Announced: 2021-06-10
- Where: Aliso Viejo, California; Great Falls, Virginia, United States
- Value: $1.00B
- Status: completed
- Products: automotive semiconductor solutions, Autotech systems
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [indie Semiconductor](https://endata.com/companies/39192.md) (target)
- [Thunder Bridge Acquisition II](https://endata.com/companies/51875.md) (acquirer)

## Sources

- [investors.indie.inc](https://investors.indie.inc/news/news-details/2021/indie-Semiconductor-and-Thunder-Bridge-Acquisition-II-Ltd--Announce-Closing-of-Business-Combination/default.aspx), 2021-06-10: "The completion of our business combination with Thunder Bridge Acquisition II marks an extraordinary milestone for indie."
- [nelsonmullins.com](https://www.nelsonmullins.com/insights/news/press_releases/nelson-mullins-represents-thunder-bridge-acquisition-ii-in-usd1-billion-business-combination), 2021-06-16: "The business combination resulted in gross proceeds of approximately $400 million to indie Semiconductor, including the proceeds of a $150 million PIPE and net of Thunder Bridge Acquisition II’s shareholder redemptions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.