---
schema_version: "secwatch.filing_event.v1"
accession: "0000028823-23-000114"
form_type: "8-K"
ticker: "DBD"
cik: "0000028823"
company_name: "DIEBOLD NIXDORF, Inc"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:37:57.366940+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Diebold Nixdorf extends exchange offer; expects no consummation, warns of full equity dilution

## Summary
- Exchange offer for $72.1M 8.5% notes due 2024 extended to June 5, 2023, subject to creditor consents.
- Only 15.34% of notes tendered as of May 19; company expects offer will not be consummated.
- Conversations with lenders likely lead to restructuring resulting in substantial or full dilution of shareholder equity.
- Notes holders may receive no value or payments; investment expected to be lost or cancelled.
- Extension conditional on consents by May 30 to move consummation date to June 14.

## SEC filing metadata
- accession: 0000028823-23-000114
- form_type: 8-K
- ticker: DBD
- cik: 0000028823
- company_name: DIEBOLD NIXDORF, Inc
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/28823/000002882323000114/0000028823-23-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/28823/000002882323000114/dbd-20230519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000028823-23-000114
- JSON: https://secwatch.observer/filing/0000028823-23-000114.json
- Plain text: https://secwatch.observer/filing/0000028823-23-000114.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.