Semtech Corporation entered into a $360 million revolving credit facility and an uncommitted incremental term loan facility with Morgan Stanley Senior Funding, Inc. as administrative agent. The credit facility is intended for working capital, general corporate purposes, and refinancing existing debt, including the termination of a previous credit agreement with JPMorgan Chase Bank, N.A. The Revolving Loan Facility matures on July 6, 2031, with a springing maturity clause related to 2030 Convertible Senior Notes. Semtech Corporation is a semiconductor company that provides high-performance analog and mixed-signal semiconductor solutions.

Semtech Corporation announced an amendment and restatement of its Executive Severance Plan and the 2017 Long-Term Equity Incentive Plan, which increased the available shares for award grants by 4,300,000. Stockholders' voting results from the 2026 Annual Meeting of Stockholders held on June 4, 2026, included the election of nine directors, the ratification of Say-on-Pay, Say-on-Pay, and the approval of Plan Amendment.