{"filing":{"accession_number":"0001193125-26-396059","cik":"0001325702","ticker":"MX","company_name":"MAGNACHIP SEMICONDUCTOR Corp","form":"8-K","filing_date":"2026-09-21","report_date":"2026-07-29","primary_document":"mx-20260729.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312526396059/mx-20260729.htm"},"events":[{"id":33857,"run_id":31160,"accession_number":"0001193125-26-396059","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.93,"summary":"Magnachip entered into a Stock Purchase Agreement with Navitas Semiconductor to issue 1,461,988 shares of common stock at $3.42 per share for $5 million in aggregate proceeds. The shares are unregistered, issued in reliance on Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D, representing a material private placement that dilutes existing shareholders and raises capital.","company_name":"MAGNACHIP SEMICONDUCTOR Corp","ticker":"MX","filing_date":"2026-09-21","form":"8-K","submitted_at":null,"items":[{"id":37418,"accession_number":"0001193125-26-396059","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Magnachip entered into a Stock Purchase Agreement to issue 1,461,988 shares of common stock to Navitas Semiconductor at $3.42 per share for $5 million in aggregate proceeds. The shares are unregistered, issued in reliance on Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D, which are classic private placement exemptions. This is a dilutive equity issuance that raises capital and increases share count, fitting the dilutive_issuance category. The transaction is material as it represents a significant capital raise and equity dilution for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T11:06:48.080062+00:00","company_name":"","ticker":null,"filing_date":""},{"id":37419,"accession_number":"0001193125-26-396059","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Magnachip is issuing 1,461,988 shares of common stock to Navitas Semiconductor at $3.42 per share for $5 million in aggregate proceeds under a privately negotiated stock purchase agreement, relying on Section 4(a)(2) exemption from Securities Act registration. This is a classic unregistered equity issuance that dilutes existing shareholders and raises capital, fitting the dilutive_issuance category. The transaction is material as it represents a significant strategic investment and partnership deepening with a complementary technology partner.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T11:06:48.080062+00:00","company_name":"","ticker":null,"filing_date":""},{"id":37420,"accession_number":"0001193125-26-396059","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Magnachip announced a private placement of 1,461,988 shares of common stock to Navitas Semiconductor at $3.42 per share for $5 million in aggregate proceeds. This is a classic dilutive equity issuance—an unregistered sale of equity securities to a strategic investor. While the filing is disclosed under Item 7.01 (Regulation FD Disclosure) rather than Item 3.02, the substance is a material private placement that dilutes existing shareholders and raises capital for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T11:06:48.080062+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":37418,"accession_number":"0001193125-26-396059","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Magnachip entered into a Stock Purchase Agreement to issue 1,461,988 shares of common stock to Navitas Semiconductor at $3.42 per share for $5 million in aggregate proceeds. The shares are unregistered, issued in reliance on Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D, which are classic private placement exemptions. This is a dilutive equity issuance that raises capital and increases share count, fitting the dilutive_issuance category. The transaction is material as it represents a significant capital raise and equity dilution for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T11:06:48.080062+00:00","company_name":"MAGNACHIP SEMICONDUCTOR Corp","ticker":"MX","filing_date":"2026-09-21"},{"id":37419,"accession_number":"0001193125-26-396059","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Magnachip is issuing 1,461,988 shares of common stock to Navitas Semiconductor at $3.42 per share for $5 million in aggregate proceeds under a privately negotiated stock purchase agreement, relying on Section 4(a)(2) exemption from Securities Act registration. This is a classic unregistered equity issuance that dilutes existing shareholders and raises capital, fitting the dilutive_issuance category. The transaction is material as it represents a significant strategic investment and partnership deepening with a complementary technology partner.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T11:06:48.080062+00:00","company_name":"MAGNACHIP SEMICONDUCTOR Corp","ticker":"MX","filing_date":"2026-09-21"},{"id":37420,"accession_number":"0001193125-26-396059","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Magnachip announced a private placement of 1,461,988 shares of common stock to Navitas Semiconductor at $3.42 per share for $5 million in aggregate proceeds. This is a classic dilutive equity issuance—an unregistered sale of equity securities to a strategic investor. While the filing is disclosed under Item 7.01 (Regulation FD Disclosure) rather than Item 3.02, the substance is a material private placement that dilutes existing shareholders and raises capital for the company.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-21T11:06:48.080062+00:00","company_name":"MAGNACHIP SEMICONDUCTOR Corp","ticker":"MX","filing_date":"2026-09-21"}]}
