• SiTime launched an underwritten offering of USD 1.1 billion of Convertible Senior Notes due 2031.
• Underwriters received a 13-day option to buy up to an additional USD 150 million of notes, taking the potential total to USD 1.25 billion.
• Net proceeds earmarked for the Renesas timing-business asset acquisition, capped call transactions, and general corporate purposes.
• The notes are unsecured, pay interest semiannually, and mature June 15, 2031, unless earlier converted, redeemed, or repurchased.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SiTime Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-237180), on May 22, 2026, and is solely responsible for the information contained therein.