Artivion changes conversion settlement method on its 4.25% Convertible Notes due 2025 to Physical Settlement

ARTIVION, INC.

On Dec 23, 2024, Artivion notified holders it is changing the default settlement method for its convertible notes to Physical Settlement.
All conversions after the notice date will be settled by delivering shares of common stock instead of cash or a combination.
The notes are the 4.250% Convertible Senior Notes due 2025 governed by the Indenture dated June 23, 2020.
The change affects dilution: conversions will now increase outstanding share count rather than reduce cash.

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