SCHEDULE: Baron Capital Group Updates Indie Semi Stake to 10.86%

Baron Capital Group and its affiliates reported a combined beneficial ownership of 10.86% of indie Semiconductor, Inc.'s Class A Common Stock as of September 30, 2025.

Summary

• Baron Capital Group, Inc., along with its affiliates BAMCO, Inc., Baron Capital Management, Inc., and Ronald Baron, collectively reported beneficial ownership of indie Semiconductor, Inc. Class A Common Stock.
• As of September 30, 2025, Baron Capital Group, Inc. and Ronald Baron beneficially owned 21,557,287 shares, representing 10.86% of the Class A Common Stock.
• BAMCO, Inc. beneficially owned 20,282,396 shares, representing 10.22% of the class.
• Baron Capital Management, Inc. beneficially owned 1,274,891 shares, representing 0.64% of the class.
• All reporting persons hold shared voting and dispositive power over their respective reported shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of indie Semiconductor, Inc.

Sentiment

Score: 5

Explanation: Neutral, as this is a routine beneficial ownership disclosure (Schedule 13G Amendment No. 6) providing factual information without expressing sentiment or operational performance.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Provides transparency to shareholders and the market regarding significant institutional ownership in indie Semiconductor, Inc.

Key Dates

Keywords

indie Semiconductor, Class A Common Stock, Baron Capital Group, BAMCO, Ronald Baron, Beneficial Ownership, Schedule 13G, Investment Adviser, Semiconductor