secwatch.observer — SEC 8-K summary
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Issuer:     ARTIVION, INC. (AORT)
CIK:        0000784199
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0000784199-25-000080
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artivion agrees to exchange ~$95M of 2025 convertible notes for common stock
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- Enters private exchange agreements with holders of 4.250% convertible notes due July 2025; ~$94.54M principal to be exchanged for shares.
- Number of shares to be determined by 4-day VWAP beginning May 15; illustratively ~4.1M shares at $28.91 closing price.
- Cash payment for accrued interest; transaction expected to close May 28, 2025.
- After exchange, only $5.46M of notes remain outstanding, reducing near-term debt maturity risk.
- Shares issued in private placement under Section 4(a)(2); J. Wood Capital Advisors acted as financial advisor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/784199/000078419925000080/0000784199-25-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/784199/000078419925000080/aort-20250514.htm
  HTML page:      https://secwatch.observer/filing/0000784199-25-000080

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