SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13
or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date
of earliest event reported): November 1, 2022 (
(Exact Name of the Registrant as Specified in Charter)
(State or Other Jurisdiction
(Former Name or Former Address, if Changed Since Last Report)
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 8.01. Other Events.
As previously disclosed, on October 28, 2022, Mobileye Global Inc., a Delaware corporation (the “Company”), closed its initial public offering (the “IPO”) of 41,000,000 shares of Class A common stock, par value $0.01 per share, of the Company (“Class A Common Stock”) at an initial public offering price of $21.00 per share (the “IPO Price Per Share”) pursuant to the Company’s Registration Statements on Form S-1 (File No. 333-267685) and Form S-1 MEF (File No. 268009) (collectively, the “Registration Statements”). Also as previously disclosed, concurrently with the closing of the IPO, the Company closed its sale of 4,761,905 shares of Class A Common Stock in a private placement not registered under the Securities Act of 1933, as amended, to General Atlantic (ME), L.P., a Delaware limited partnership, at the IPO Price Per Share (the “Concurrent Private Placement”).
In connection with the IPO, the Company granted the underwriters in the IPO (the “Underwriters”) an option for thirty days from October 25, 2022 to purchase up to 6,150,000 additional shares of Class A Common Stock (the “Option Shares”) at the IPO Price Per Share less underwriting discounts and commissions (the “Option”). On October 28, 2022, the Underwriters exercised the Option in full, and, pursuant thereto, on November 1, 2022, the Company closed its sale to the Underwriters of the Option Shares. The net proceeds to the Company from the Concurrent Private Placement and the IPO, including the exercise of the Option, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company, is approximately $1.0 billion. A significant portion of the net proceeds is being used for repayment on a note owed to the Company’s parent company, Intel Corporation, a Delaware corporation, and the Company intends to use the remaining net proceeds for working capital and general corporate purposes.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|MOBILEYE GLOBAL INC.|
|By:||/s/ Anat Heller|
|Title:||Chief Financial Officer|
Date: November 1, 2022