# DIODES INC /DEL/ (DIOD) — capital_raise/private_placement [announced]
Source: sec.gov · situation sit_385bc437f9edbd237892 · public 7422175562200797218 · retrieved 2026-08-20T13:19:36.817Z

## Overview
Diodes Incorporated is a semiconductor company that designs, manufactures and markets analog and mixed-signal semiconductor products.

Diodes Incorporated completed a private offering of $375 million aggregate principal amount of 0.00% Convertible Senior Notes due August 15, 2031, including the full exercise of the initial purchasers' option to purchase an additional $50 million principal amount. The Notes are general senior unsecured obligations with an initial conversion rate of 6.8594 shares of Common Stock per $1,000 principal amount (equivalent to an initial conversion price of approximately $145.79 per share), representing a 50.0% premium over the last reported sale price of $97.19 per share on August 13, 2026. The Notes do not bear regular interest and the principal amount does not accrete. Holders may convert under specified circumstances, including if the Common Stock price exceeds 130% of the conversion price for at least five trading days during the first 20 trading days of any calendar quarter after September 30, 2026, or if the trading price of the Notes falls below 98% of the product of the stock price and conversion rate. The Company may not redeem the Notes prior to August 20, 2029, and thereafter may redeem for cash at 100% of principal plus accrued special interest if the stock price has been at least 130% of the conversion price for at least 20 trading days during any 30 consecutive trading day period. Upon a fundamental change, holders may require repurchase at 100% of principal plus accrued special interest.

## Terms
- Counterparty: Initial purchasers (BofA Securities, Inc., Citigroup Global Markets Inc., HSBC Securities (USA) Inc.) · Deal value: $375.0M · Consideration: cash · Premium: 50.0% · Price/share: $145.79

## Key dates
- Announced 2026-08-18 · Expiry 2031-08-15

## Timeline
- 2026-08-18 · 8-K (0001193125-26-355410): 8-K - DIODES INC /DEL/ — *Diodes Incorporated is a semiconductor company that designs, manufactures and markets analog and mixed-signal semiconductor products.* Diodes Incorporated completed a private offering of $375 million aggregate principal amount of 0.00% Convertible Senior Notes due August 15, 2031, including the full exercise of the initial purchasers' option to purchase an additional $50 million principal amount. The Notes are general senior unsecured obligations with an initial conversion rate of 6.8594 shares of Common Stock per $1,000 principal amount (equivalent to an initial conversion price of approximately $145.79 per share), representing a 50.0% premium over the last reported sale price of $97.19 per share on August 13, 2026. The Notes do not bear regular interest and the principal amount does not accrete. Holders may convert under specified circumstances, including if the Common Stock price exceeds 130% of the conversion price for at least five trading days during the first 20 trading days of any calendar quarter after September 30, 2026, or if the trading price of the Notes falls below 98% of the product of the stock price and conversion rate. The Company may not redeem the Notes prior to August 20, 2029, and thereafter may redeem for cash at 100% of principal plus accrued special interest if the stock price has been at least 130% of the conversion price for at least 20 trading days during any 30 consecutive trading day period. Upon a fundamental change, holders may require repurchase at 100% of principal plus accrued special interest.
  https://www.sec.gov/Archives/edgar/data/29002/0001193125-26-355410.txt

## Citations
- 0001193125-26-355410 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526355410