---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-136567"
form_type: "8-K"
ticker: "CYRX"
cik: "0001124524"
company_name: "Cryoport, Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T09:44:25.354358+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cryoport prices $350M 0.75% convertible notes due 2026 and $248.6M equity placement

## Summary
- Upsized $350M aggregate principal of 0.75% convertible notes due Dec 2026; initial purchasers' option for additional $52.5M.
- Initial conversion price ~$117.59 per share, a 45.0% premium over $81.10 closing price on Nov 9, 2021.
- Registered direct placement of 3,072,038 shares at $81.10 with net proceeds ~$248.6M.
- Net proceeds from both offerings used to repurchase ~$100.7M principal of outstanding 3.00% convertible notes due 2025.
- Settlement expected Nov 12, 2021; equity placement contingent on note closing.

## SEC filing metadata
- accession: 0001104659-21-136567
- form_type: 8-K
- ticker: CYRX
- cik: 0001124524
- company_name: Cryoport, Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124524/000110465921136567/0001104659-21-136567-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124524/000110465921136567/tm2132379d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-136567
- JSON: https://secwatch.observer/filing/0001104659-21-136567.json
- Plain text: https://secwatch.observer/filing/0001104659-21-136567.txt

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