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.

Thunder Bridge Acquisition II will acquire indie Semiconductor in an $840 million all-cash transaction. The combined entity will be named indie Semiconductor and list on Nasdaq under INDI.

indie Semiconductor entered a definitive merger agreement with SPAC Thunder Bridge Acquisition II, Ltd. The transaction implies an equity value of about $1.4 billion and is expected to close in Q1 2021.