{"schema_version":"secwatch.filing_event.v1","accession":"0001023731-22-000173","form_type":"8-K","ticker":"EGHT","cik":"0001023731","company_name":"8X8 INC /DE/","filed_at":"2022-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.626142+00:00","generated_at":"2026-06-24T03:37:18.183552+00:00","sec_items":["1.01","3.02","8.01","8.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"8x8 exchanges $404M of convertible notes, enters $250M term loan, and repurchases $60M of stock","bullets":["Exchanged approximately $404 million principal amount of 0.50% Convertible Senior Notes due 2024 for $202 million of new 4.00% notes due 2028 and $182 million cash.","Entered into a $250 million senior secured term loan credit agreement led by Francisco Partners, maturing August 2027, with interest at Term SOFR plus 6.50%.","Repurchased $60 million of common stock at $5.61 per share, reducing shares outstanding by about 10.7 million (8.9%).","Issued warrants to purchase 3.1 million shares of common stock at $7.15, representing a 27.5% premium over the closing price on August 3, 2022.","New term loan proceeds will fund the cash portion of the exchange and the stock repurchase; closing expected August 10-11, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001023731-22-000173","json":"https://secwatch.observer/filing/0001023731-22-000173.json","markdown":"https://secwatch.observer/filing/0001023731-22-000173.md","text":"https://secwatch.observer/filing/0001023731-22-000173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023731/000102373122000173/0001023731-22-000173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023731/000102373122000173/debt8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T03:37:18.183552+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}