---
schema_version: "secwatch.filing_event.v1"
accession: "0000856982-23-000063"
form_type: "8-K"
ticker: "MMSI"
cik: "0000856982"
company_name: "MERIT MEDICAL SYSTEMS INC"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:39:05.146962+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Merit Medical upsizes convertible notes offering to $650M at 3.00% due 2029

## Summary
- $650M aggregate principal of 3.00% convertible senior notes due Feb 2029; upsized from $550M.
- Initial conversion price ~$86.83/share (32.5% premium over Dec 5 close); 11.5171 shares per $1,000 principal.
- Capped call transactions mitigate dilution; cap price ~$114.68/share.
- Net proceeds ~$630.5M (or ~$725.1M if overallotment exercised); $57.9M for capped calls.
- Priced Dec 6, 2023; close Dec 8, 2023; offered to QIBs under Rule 144A.

## SEC filing metadata
- accession: 0000856982-23-000063
- form_type: 8-K
- ticker: MMSI
- cik: 0000856982
- company_name: MERIT MEDICAL SYSTEMS INC
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/856982/000085698223000063/0000856982-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/856982/000085698223000063/mmsi-20231206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000856982-23-000063
- JSON: https://secwatch.observer/filing/0000856982-23-000063.json
- Plain text: https://secwatch.observer/filing/0000856982-23-000063.txt

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