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[FWP] Mobileye Global Inc. Free Writing Prospectus

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Rhea-AI Filing Summary

Mobileye Global Inc. (Nasdaq: MBLY) priced a fully secondary public offering of 50 million Class A shares at $16.50 per share. All stock is being sold by Intel Overseas Funding Corporation, so the deal is non-dilutive for existing Mobileye holders. Underwriters have a 30-day option for another 7.5 million shares and closing is expected on 11 July 2025.

At settlement, Mobileye will repurchase 6.23 million shares directly from the seller at the same price, using corporate cash; the buyback was cleared by disinterested directors. Separately, Intel plans to convert 50 million Class B shares into Class A, boosting the public float and reducing its super-voting stake. Neither the repurchase nor the conversion is a condition to the offering, but both hinge on its closing.

Mobileye receives no proceeds from the sale, yet float liquidity should improve while near-term share-supply pressure could weigh on price. Intel’s continued selldown advances Mobileye’s path toward greater share-registry independence.

Mobileye Global Inc. (Nasdaq: MBLY) ha fissato il prezzo di un'offerta pubblica secondaria completamente esistente di 50 milioni azioni di Classe A a 16,50 $ per azione. Tutte le azioni sono vendute da Intel Overseas Funding Corporation, quindi l'operazione è non diluitiva per gli attuali azionisti di Mobileye. Gli underwriter hanno un'opzione di 30 giorni per ulteriori 7,5 milioni di azioni e la chiusura è prevista per l'11 luglio 2025.

Alla conclusione, Mobileye riacquisterà 6,23 milioni di azioni direttamente dal venditore allo stesso prezzo, utilizzando liquidità aziendale; il riacquisto è stato approvato da amministratori indipendenti. Separatamente, Intel prevede di convertire 50 milioni di azioni di Classe B in Classe A, aumentando il flottante pubblico e riducendo la sua quota con super-voto. Né il riacquisto né la conversione sono condizioni per l'offerta, ma entrambi dipendono dalla sua chiusura.

Mobileye non riceve proventi dalla vendita, ma la liquidità del flottante dovrebbe migliorare, anche se la pressione sull'offerta di azioni nel breve termine potrebbe influenzare il prezzo. La continua vendita da parte di Intel favorisce il percorso di Mobileye verso una maggiore indipendenza nel registro azionario.

Mobileye Global Inc. (Nasdaq: MBLY) fijó el precio de una oferta pública secundaria totalmente existente de 50 millones de acciones Clase A a $16.50 por acción. Todas las acciones están siendo vendidas por Intel Overseas Funding Corporation, por lo que la operación es no dilutiva para los actuales accionistas de Mobileye. Los suscriptores tienen una opción de 30 días para otras 7.5 millones de acciones y se espera que el cierre sea el 11 de julio de 2025.

Al cierre, Mobileye recomprará 6.23 millones de acciones directamente del vendedor al mismo precio, usando efectivo corporativo; la recompra fue aprobada por directores independientes. Por separado, Intel planea convertir 50 millones de acciones Clase B en Clase A, aumentando el flotante público y reduciendo su participación con supervoto. Ni la recompra ni la conversión son condiciones para la oferta, pero ambas dependen de su cierre.

Mobileye no recibe ingresos por la venta, pero la liquidez del flotante debería mejorar, aunque la presión de oferta de acciones a corto plazo podría afectar el precio. La continua venta de Intel impulsa el camino de Mobileye hacia una mayor independencia en el registro de acciones.

Mobileye Global Inc. (나스ë‹�: MBLY)µç� 5,000ë§� ì£¼ì˜ í´ëž˜ìŠ� A 주ì‹ì� 주당 16.50달러ì—� ì „ì•¡ 2ì°� 공모ë¡� ê°€ê²©ì„ ì±…ì •í–ˆìŠµë‹ˆë‹¤. 모든 주ì‹ì€ Intel Overseas Funding Corporationì� íŒë§¤í•˜ë©°, 기존 Mobileye 주주ì—게µç� í¬ì„ 효과가 ì—†µç” 거래입니ë‹�. ì¸ìˆ˜ì¸ë“¤ì€ 추가ë¡� 750ë§� ì£¼ì— ëŒ€í•� 30ì¼ê°„ 옵션ì� 보유하며, 마ê°ì¼ì€ 2025ë…� 7ì›� 11ì¼ë¡œ 예ìƒë©ë‹ˆë‹�.

거래 완료 ì‹� Mobileyeµç� íŒë§¤ìžë¡œë¶€í„� ë™ì¼ ê°€ê²©ì— 623ë§� ì£�ë¥� ì§ì ‘ 재매입할 예정ì´ë©°, ì´µç” íšŒì‚¬ 현금ì� 사용합니ë‹�. ìž¬ë§¤ìž…ì€ ì´í•´ê´€ê³„ê°€ ì—†µç” ì´ì‚¬ë“¤ì˜ 승ì¸ì� 받았습니ë‹�. 별ë„ë¡� Intelì€ 5,000ë§� ì£¼ì˜ í´ëž˜ìŠ� B 주ì‹ì� í´ëž˜ìŠ� Aë¡� 전환하여 공개 ì£¼ì‹ ìˆ˜ë¥¼ 늘리ê³� 초과 ì˜ê²°ê¶� ì§€ë¶„ì„ ì¤„ì¼ ê³„íšìž…니ë‹�. 재매입과 ì „í™˜ì€ ê³µëª¨ì� ì¡°ê±´ì€ ì•„ë‹ˆì§€ë§�, ë‘� ë‹� 공모 마ê°ì—� 달려 있습니다.

Mobileyeµç� íŒë§¤ë¡œë¶€í„� 수ìµì� 받지 않지ë§�, 유ë™ì„±ì´ 개선ë� 것으ë¡� 예ìƒë˜ë©° 단기 ì£¼ì‹ ê³µê¸‰ ì••ë ¥ì€ ì£¼ê°€ì—� ë¶€ë‹´ì´ ë� ìˆ� 있습니다. Intelì� ì§€ì†ì ì� 매넵ç� Mobileyeê°€ 주주 명부ì—서 ë� ë…립ì ì¸ 위치ë¡� 나아가µç� ë� 기여합니ë‹�.

Mobileye Global Inc. (Nasdaq : MBLY) a fixé le prix d'une offre publique secondaire entièrement existante de 50 millions d'actions de classe A à 16,50 $ par action. Toutes les actions sont vendues par Intel Overseas Funding Corporation, ce qui rend l'opération non dilutive pour les actionnaires actuels de Mobileye. Les souscripteurs disposent d'une option de 30 jours pour 7,5 millions d'actions supplémentaires et la clôture est prévue pour le 11 juillet 2025.

À la clôture, Mobileye rachatra 6,23 millions d'actions directement auprès du vendeur au même prix, en utilisant des liquidités de l'entreprise ; ce rachat a été approuvé par des administrateurs indépendants. Par ailleurs, Intel prévoit de convertir 50 millions d'actions de classe B en classe A, augmentant ainsi le flottant public et réduisant sa participation à droits de vote multiples. Ni le rachat ni la conversion ne sont des conditions de l'offre, mais les deux dépendent de sa clôture.

Mobileye ne reçoit aucun produit de la vente, mais la liquidité du flottant devrait s'améliorer, même si la pression d'offre à court terme pourrait peser sur le cours. La poursuite de la cession par Intel favorise l'indépendance accrue de Mobileye dans le registre des actionnaires.

Mobileye Global Inc. (Nasdaq: MBLY) hat eine vollständig sekundäre öffentliche Platzierung von 50 Millionen Class-A-Aktien zu je 16,50 $ pro Aktie bepreist. Alle Aktien werden von der Intel Overseas Funding Corporation verkauft, sodass das Geschäft für bestehende Mobileye-Aktionäre nicht verwässernd ist. Die Underwriter haben eine 30-tägige Option auf weitere 7,5 Millionen Aktien, der Abschluss wird für den 11. Juli 2025 erwartet.

Zum Abschluss wird Mobileye 6,23 Millionen Aktien direkt vom Verkäufer zum gleichen Preis zurückkaufen und dafür Unternehmensliquidität verwenden; der Rückkauf wurde von unabhängigen Direktoren genehmigt. Separat plant Intel, 50 Millionen Class-B-Aktien in Class-A-Aktien umzuwandeln, um den Streubesitz zu erhöhen und seinen Super-Voting-Anteil zu reduzieren. Weder der Rückkauf noch die Umwandlung sind Bedingungen für das Angebot, hängen jedoch vom Abschluss ab.

Mobileye erhält keinen Erlös aus dem Verkauf, dennoch sollte die Liquidität des Streubesitzes verbessert werden, auch wenn kurzfristiger Verkaufsdruck den Kurs belasten könnte. Intels fortgesetzter Verkauf fördert Mobileyes Weg zu größerer Unabhängigkeit im Aktionärsregister.

Positive
  • Non-dilutive structure: Only Intel is selling, so Mobileye’s economic ownership base remains intact.
  • Governance improvement: Conversion of 50 million Class B shares into Class A reduces super-voting control and lifts free float liquidity.
Negative
  • Share-supply overhang: Up to 57.5 million new shares hit the market immediately, potentially weighing on price.
  • Cash outflow: The $103 million buyback reduces Mobileye’s cash that could have funded R&D or acquisitions.

Insights

TL;DR: Large Intel secondary lifts float; non-dilutive; Mobileye buyback cushions supply; neutral net impact.

Deal economics: The $16.50 price equates to roughly $825 million gross proceeds for Intel (plus up to $124 million from the option). Because Mobileye is not issuing shares, EPS is unaffected; however, the company will deploy about $103 million to repurchase 6.23 million shares, modestly shrinking cash but slightly lowering outstanding stock versus the 50 million share increase from Intel’s Class B conversion.

Market implications: Public float rises by ~93.8 million shares (50 million sold + 7.5 million option â€� 6.23 million buyback + 50 million conversion), improving liquidity and index weighting. Short-term supply overhang could pressure the stock, yet reduced Intel ownership may be viewed positively for governance and eventual full independence.

Valuation context: At $16.50 the shares price roughly 4-5% below the 30-day VWAP (estimate), suggesting only a small discount and indicating reasonable market appetite.

TL;DR: Intel cuts super-voting stake; public float rises; governance profile improves, mildly positive.

The planned conversion of 50 million Class B (10:1 voting) shares into Class A lowers Intel’s control percentage without diluting economic ownership. Increased single-class equity enhances transparency and may widen institutional ownership mandates that restrict dual-class structures. The repurchase, approved by independent directors, demonstrates adherence to conflict-of-interest safeguards. Overall, the step incrementally strengthens minority shareholder influence and could ease eventual full separation.

Mobileye Global Inc. (Nasdaq: MBLY) ha fissato il prezzo di un'offerta pubblica secondaria completamente esistente di 50 milioni azioni di Classe A a 16,50 $ per azione. Tutte le azioni sono vendute da Intel Overseas Funding Corporation, quindi l'operazione è non diluitiva per gli attuali azionisti di Mobileye. Gli underwriter hanno un'opzione di 30 giorni per ulteriori 7,5 milioni di azioni e la chiusura è prevista per l'11 luglio 2025.

Alla conclusione, Mobileye riacquisterà 6,23 milioni di azioni direttamente dal venditore allo stesso prezzo, utilizzando liquidità aziendale; il riacquisto è stato approvato da amministratori indipendenti. Separatamente, Intel prevede di convertire 50 milioni di azioni di Classe B in Classe A, aumentando il flottante pubblico e riducendo la sua quota con super-voto. Né il riacquisto né la conversione sono condizioni per l'offerta, ma entrambi dipendono dalla sua chiusura.

Mobileye non riceve proventi dalla vendita, ma la liquidità del flottante dovrebbe migliorare, anche se la pressione sull'offerta di azioni nel breve termine potrebbe influenzare il prezzo. La continua vendita da parte di Intel favorisce il percorso di Mobileye verso una maggiore indipendenza nel registro azionario.

Mobileye Global Inc. (Nasdaq: MBLY) fijó el precio de una oferta pública secundaria totalmente existente de 50 millones de acciones Clase A a $16.50 por acción. Todas las acciones están siendo vendidas por Intel Overseas Funding Corporation, por lo que la operación es no dilutiva para los actuales accionistas de Mobileye. Los suscriptores tienen una opción de 30 días para otras 7.5 millones de acciones y se espera que el cierre sea el 11 de julio de 2025.

Al cierre, Mobileye recomprará 6.23 millones de acciones directamente del vendedor al mismo precio, usando efectivo corporativo; la recompra fue aprobada por directores independientes. Por separado, Intel planea convertir 50 millones de acciones Clase B en Clase A, aumentando el flotante público y reduciendo su participación con supervoto. Ni la recompra ni la conversión son condiciones para la oferta, pero ambas dependen de su cierre.

Mobileye no recibe ingresos por la venta, pero la liquidez del flotante debería mejorar, aunque la presión de oferta de acciones a corto plazo podría afectar el precio. La continua venta de Intel impulsa el camino de Mobileye hacia una mayor independencia en el registro de acciones.

Mobileye Global Inc. (나스ë‹�: MBLY)µç� 5,000ë§� ì£¼ì˜ í´ëž˜ìŠ� A 주ì‹ì� 주당 16.50달러ì—� ì „ì•¡ 2ì°� 공모ë¡� ê°€ê²©ì„ ì±…ì •í–ˆìŠµë‹ˆë‹¤. 모든 주ì‹ì€ Intel Overseas Funding Corporationì� íŒë§¤í•˜ë©°, 기존 Mobileye 주주ì—게µç� í¬ì„ 효과가 ì—†µç” 거래입니ë‹�. ì¸ìˆ˜ì¸ë“¤ì€ 추가ë¡� 750ë§� ì£¼ì— ëŒ€í•� 30ì¼ê°„ 옵션ì� 보유하며, 마ê°ì¼ì€ 2025ë…� 7ì›� 11ì¼ë¡œ 예ìƒë©ë‹ˆë‹�.

거래 완료 ì‹� Mobileyeµç� íŒë§¤ìžë¡œë¶€í„� ë™ì¼ ê°€ê²©ì— 623ë§� ì£�ë¥� ì§ì ‘ 재매입할 예정ì´ë©°, ì´µç” íšŒì‚¬ 현금ì� 사용합니ë‹�. ìž¬ë§¤ìž…ì€ ì´í•´ê´€ê³„ê°€ ì—†µç” ì´ì‚¬ë“¤ì˜ 승ì¸ì� 받았습니ë‹�. 별ë„ë¡� Intelì€ 5,000ë§� ì£¼ì˜ í´ëž˜ìŠ� B 주ì‹ì� í´ëž˜ìŠ� Aë¡� 전환하여 공개 ì£¼ì‹ ìˆ˜ë¥¼ 늘리ê³� 초과 ì˜ê²°ê¶� ì§€ë¶„ì„ ì¤„ì¼ ê³„íšìž…니ë‹�. 재매입과 ì „í™˜ì€ ê³µëª¨ì� ì¡°ê±´ì€ ì•„ë‹ˆì§€ë§�, ë‘� ë‹� 공모 마ê°ì—� 달려 있습니다.

Mobileyeµç� íŒë§¤ë¡œë¶€í„� 수ìµì� 받지 않지ë§�, 유ë™ì„±ì´ 개선ë� 것으ë¡� 예ìƒë˜ë©° 단기 ì£¼ì‹ ê³µê¸‰ ì••ë ¥ì€ ì£¼ê°€ì—� ë¶€ë‹´ì´ ë� ìˆ� 있습니다. Intelì� ì§€ì†ì ì� 매넵ç� Mobileyeê°€ 주주 명부ì—서 ë� ë…립ì ì¸ 위치ë¡� 나아가µç� ë� 기여합니ë‹�.

Mobileye Global Inc. (Nasdaq : MBLY) a fixé le prix d'une offre publique secondaire entièrement existante de 50 millions d'actions de classe A à 16,50 $ par action. Toutes les actions sont vendues par Intel Overseas Funding Corporation, ce qui rend l'opération non dilutive pour les actionnaires actuels de Mobileye. Les souscripteurs disposent d'une option de 30 jours pour 7,5 millions d'actions supplémentaires et la clôture est prévue pour le 11 juillet 2025.

À la clôture, Mobileye rachatra 6,23 millions d'actions directement auprès du vendeur au même prix, en utilisant des liquidités de l'entreprise ; ce rachat a été approuvé par des administrateurs indépendants. Par ailleurs, Intel prévoit de convertir 50 millions d'actions de classe B en classe A, augmentant ainsi le flottant public et réduisant sa participation à droits de vote multiples. Ni le rachat ni la conversion ne sont des conditions de l'offre, mais les deux dépendent de sa clôture.

Mobileye ne reçoit aucun produit de la vente, mais la liquidité du flottant devrait s'améliorer, même si la pression d'offre à court terme pourrait peser sur le cours. La poursuite de la cession par Intel favorise l'indépendance accrue de Mobileye dans le registre des actionnaires.

Mobileye Global Inc. (Nasdaq: MBLY) hat eine vollständig sekundäre öffentliche Platzierung von 50 Millionen Class-A-Aktien zu je 16,50 $ pro Aktie bepreist. Alle Aktien werden von der Intel Overseas Funding Corporation verkauft, sodass das Geschäft für bestehende Mobileye-Aktionäre nicht verwässernd ist. Die Underwriter haben eine 30-tägige Option auf weitere 7,5 Millionen Aktien, der Abschluss wird für den 11. Juli 2025 erwartet.

Zum Abschluss wird Mobileye 6,23 Millionen Aktien direkt vom Verkäufer zum gleichen Preis zurückkaufen und dafür Unternehmensliquidität verwenden; der Rückkauf wurde von unabhängigen Direktoren genehmigt. Separat plant Intel, 50 Millionen Class-B-Aktien in Class-A-Aktien umzuwandeln, um den Streubesitz zu erhöhen und seinen Super-Voting-Anteil zu reduzieren. Weder der Rückkauf noch die Umwandlung sind Bedingungen für das Angebot, hängen jedoch vom Abschluss ab.

Mobileye erhält keinen Erlös aus dem Verkauf, dennoch sollte die Liquidität des Streubesitzes verbessert werden, auch wenn kurzfristiger Verkaufsdruck den Kurs belasten könnte. Intels fortgesetzter Verkauf fördert Mobileyes Weg zu größerer Unabhängigkeit im Aktionärsregister.

 

Filed Pursuant to Rule 433

Issuer Free Writing Prospectus dated July 9, 2025

Registration No.: 333-277937

 

Mobileye Announces Pricing of Secondary Offering of Shares of Class A Common Stock, Concurrent Repurchase and Conversion

 

July 9, 2025

 

JERUSALEM--(BUSINESS WIRE)—July 9, 2025-- Mobileye Global Inc. (Nasdaq: MBLY) (“Mobileye”) today announced the pricing of a previously announced underwritten secondary public offering of 50 million shares of Mobileye’s Class A common stock by Intel Overseas Funding Corporation, a wholly owned subsidiary of Intel Corporation (the “Selling Stockholder”), at a price of $16.50 per share. The Selling Stockholder has also granted the underwriters a 30-day option to purchase up to an additional 7.5 million shares of Mobileye’s Class A common stock. The offering is expected to close on July 11, 2025, subject to customary closing conditions.

 

In addition, as previously announced, concurrent with the closing of the offering, Mobileye has agreed to purchase from the Selling Stockholder 6,231,985 shares of Mobileye’s Class A common stock at a price per share equal to the per share purchase price to be paid by the underwriters in the offering. The concurrent repurchase was approved by the disinterested directors of Mobileye not affiliated with the Selling Stockholder. The concurrent repurchase is expected to be consummated concurrently with the offering. The offering is not conditioned upon the closing of the concurrent repurchase, but the concurrent repurchase is conditioned upon the closing of the offering.

 

In addition, as previously announced, the Selling Stockholder has informed Mobileye of its plan to voluntarily convert an additional 50 million shares of Mobileye’s outstanding Class B common stock that it holds into 50 million shares of Class A common stock, contingent on the closing of the offering. The Selling Stockholder has further informed Mobileye that it intends to hold such shares of Class A common stock at this time and that the conversion of such shares is being effected solely to increase the number of shares of Class A common stock issued and outstanding. The offering is not conditioned upon the closing of the conversion, but the conversion is conditioned upon the closing of the offering.

 

Mobileye is not selling any shares of Class A common stock in the offering and will not receive any proceeds from the sale of the shares being offered by the Selling Stockholder.

 

Goldman Sachs & Co. LLC and BofA Securities. are acting as joint lead book-running managers and as representatives of the underwriters for the offering. Citigroup, J.P. Morgan, Morgan Stanley, Barclays, BNP Paribas, Deutsche Bank Securities, Mizuho, RBC Capital Markets, TD Cowen and Wells Fargo Securities are acting as book-running managers for the offering. Academy Securities, COMMERZBANK, Credit Agricole CIB, Cabrera Capital Markets LLC, CastleOak Securities, L.P., C.L. King & Associates and Mischler Financial Group, Inc. are acting as co-managers for the offering.

 

 

 

 

Mobileye has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. A preliminary prospectus supplement and accompanying prospectus relating to the offering were filed with the SEC and are available on the SEC’s website. Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus and other documents Mobileye has filed with the SEC for more complete information about Mobileye and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Mobileye, any underwriter or any dealer participating in the offering will arrange to send you the preliminary prospectus supplement and accompanying prospectus relating to the offering if you request it by contacting Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526 or by emailing [email protected]; or BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, Email: [email protected], telephone: 1-800-294-1322.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About Mobileye Global Inc.

 

Mobileye (Nasdaq: MBLY) leads the mobility revolution with our autonomous driving and driver-assistance technologies, harnessing world-renowned expertise in artificial intelligence, computer vision, mapping and integrated software and hardware. Since our founding in 1999, Mobileye has enabled the wide adoption of advanced driver-assistance systems that bolster driving safety, while pioneering such groundbreaking technologies as REM™ crowdsourced mapping, True Redundancy™ sensing, and Responsibility Sensitive Safety™ (RSS). These technologies drive the ADAS and AV fields towards the future of mobility – enabling self-driving vehicles and mobility solutions at scale, and powering industry-leading advanced driver-assistance systems. Through 2024, more than 200 million vehicles worldwide have been built with Mobileye’s EyeQ technology inside. Since 2022, Mobileye has been listed independently from Intel (Nasdaq: INTC), which retains majority ownership.

 

“Mobileye,” the Mobileye logo and Mobileye product names are registered trademarks of Mobileye Global. All other marks are the property of their respective owners.

 

Forward-Looking Statements

 

This press release contains forward-looking statements. Statements in this release, including statements with respect to the offering and concurrent repurchase, that are not statements of historical fact are forward-looking statements and should be evaluated as such. These statements often include words such as “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast,” or the negative of these terms, and other similar expressions, although not all forward-looking statements contain these words. We base these forward-looking statements or projections on our current expectations, plans and assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances and at such time. You should understand that these statements are not guarantees of performance or results. The forward-looking statements are subject to and involve risks, uncertainties and assumptions and you should not place undue reliance on these forward-looking statements. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that many factors could affect our actual financial results or results of operations and could cause actual results to differ materially from those expressed in the forward-looking statements. Detailed information regarding these and other factors that could affect Mobileye’s business and results is included in Mobileye’s SEC filings, including the company’s Annual Report on Form 10-K for fiscal year 2024, particularly in the section entitled “Item 1A. Risk Factors,” and in the prospectus and in any subsequent filings with the SEC relating to the offering.

 

Dan Galves

Investor Relations

[email protected]

 

Source: Mobileye Global Inc.

 

2

 

FAQ

How many Mobileye (MBLY) shares are being sold in the secondary offering?

Intel Overseas Funding is selling 50 million Class A shares, with an underwriter option for 7.5 million more.

Is the Mobileye share offering dilutive to existing shareholders?

No. Mobileye is not issuing new shares; all stock comes from the selling stockholder.

What price was set for the Mobileye secondary offering?

The shares were priced at $16.50 each.

Will Mobileye receive any proceeds from this transaction?

Mobileye receives zero proceeds; instead, it will spend roughly $103 million buying back 6.23 million shares.

How does the Class B to Class A conversion affect governance at Mobileye?

Converting 50 million super-voting Class B shares into Class A lowers Intel’s control and increases MBLY’s public float.
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