InterDigital adjusts conversion rate on 3.50% senior convertible notes

Go back to InterDigital adjusts conversion rate on 3.50% senior convertible notes

InterDigital Announces Conversion Rate Adjustment to Senior Convertible Notes

July 10, 2026 4:30 PM EDT

WILMINGTON, Del., July 10, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC) (the Company or InterDigital) announced today an adjustment to the conversion rate applicable to its 3.50% Senior Convertible Notes due 2027 (the Notes). In connection with the upcoming payment of the Companys regular quarterly cash dividend previously announced by the Company on June 11, 2026, the conversion rate for the Notes increased to 13.0351... More