# Silvaco Group, Inc. (SVCO) — capital_raise/private_placement [announced]
Source: SEC API (secapi.ai) · situation sit_0ccc3652d1c7fd82118c · retrieved 2026-08-12T07:20:30.629Z

## Overview
Silvaco Group, Inc. is a Delaware corporation that develops and provides prepackaged software solutions.

Silvaco Group, Inc. entered into a Convertible Note Purchase Agreement with Micron Technology, Inc. on August 5, 2026, and closed the transaction on August 6, 2026. The Company issued a Senior Convertible Promissory Note with a principal amount of $10.0 million bearing simple interest at 8.0% per annum. The Note will automatically convert on August 7, 2028 (the Conversion Date), or immediately prior to a Change of Control, into shares of Common Stock at a conversion price equal to the lower of (i) 90% of the fair market value of the Common Stock on the Conversion Date, or (ii) 115% of the closing price on Nasdaq on the trading day immediately preceding the Note date. The number of Conversion Shares is subject to the Nasdaq Cap; if conversion would exceed the cap and stockholder approval is not obtained, the Company must pay Micron a cash amount equal to the gross proceeds Micron would have received had the remaining principal and interest been converted and immediately sold at fair market value.

## Terms
- Counterparty: Micron Technology, Inc. · Deal value: $10.0M · Consideration: cash

## Key dates
- Announced 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001628280-26-054383): 8-K - Silvaco Group, Inc. — *Silvaco Group, Inc. is a Delaware corporation that develops and provides prepackaged software solutions.* Silvaco Group, Inc. entered into a Convertible Note Purchase Agreement with Micron Technology, Inc. on August 5, 2026, and closed the transaction on August 6, 2026. The Company issued a Senior Convertible Promissory Note with a principal amount of $10.0 million bearing simple interest at 8.0% per annum. The Note will automatically convert on August 7, 2028 (the Conversion Date), or immediately prior to a Change of Control, into shares of Common Stock at a conversion price equal to the lower of (i) 90% of the fair market value of the Common Stock on the Conversion Date, or (ii) 115% of the closing price on Nasdaq on the trading day immediately preceding the Note date. The number of Conversion Shares is subject to the Nasdaq Cap; if conversion would exceed the cap and stockholder approval is not obtained, the Company must pay Micron a cash amount equal to the gross proceeds Micron would have received had the remaining principal and interest been converted and immediately sold at fair market value.
  https://www.sec.gov/Archives/edgar/data/1943289/0001628280-26-054383.txt

## Citations
- 0001628280-26-054383 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000162828026054383