---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-041225"
form_type: "8-K"
ticker: "MNKD"
cik: "0000899460"
company_name: "MANNKIND CORP"
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T03:13:03.912072+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MannKind repays ~$31.6M MidCap debt, terminates $8.9M convertible note with Mann Group

## Summary
- On Apr 1, 2024, repaid ~$31.6M under MidCap Loan Agreement (incl. $2.8M exit fee, $0.3M prepayment fee); all liens released.
- On Apr 2, 2024, terminated Convertible Note to Mann Group: issued 1.5M shares and paid ~$8.9M cash to extinguish ~$8.9M principal+interest.
- Note was convertible into 3,554,198 shares; termination removes that potential dilution from equity.
- Total debt eliminated includes ~$31.6M MidCap loan and ~$8.9M Mann Group Note; Loan Agreement maturity was Aug 1, 2025.

## SEC filing metadata
- accession: 0000950170-24-041225
- form_type: 8-K
- ticker: MNKD
- cik: 0000899460
- company_name: MANNKIND CORP
- filed_at: 2024-04-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899460/000095017024041225/0000950170-24-041225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899460/000095017024041225/mnkd-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-041225
- JSON: https://secwatch.observer/filing/0000950170-24-041225.json
- Plain text: https://secwatch.observer/filing/0000950170-24-041225.txt

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