{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-031613","form_type":"8-K","ticker":"INVA","cik":"0001080014","company_name":"Innoviva, Inc.","filed_at":"2022-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.355792+00:00","generated_at":"2026-06-27T00:37:31.730219+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Innoviva closes $225M 2.125% convertible senior notes due 2028; repurchases $144.8M of 2023 notes","bullets":["Issued $225M principal of 2.125% convertible notes due March 15, 2028; initial conversion price $26.22 (35% premium to $19.42 close on March 2, 2022).","Net proceeds ~$216.8M; used $18.1M for capped calls and $165.6M to repurchase $144.8M of 2.125% convertible subordinated notes due 2023.","Capped call transactions entered with option counterparties; cap price initially $33.9850 (75% premium over March 2 closing price).","Initial purchasers granted option to buy up to an additional $45M of notes within 13 days.","Notes redeemable at Innoviva's option on or after March 20, 2025 if stock exceeds 130% of conversion price for a specified period."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-031613","json":"https://secwatch.observer/filing/0001104659-22-031613.json","markdown":"https://secwatch.observer/filing/0001104659-22-031613.md","text":"https://secwatch.observer/filing/0001104659-22-031613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080014/000110465922031613/0001104659-22-031613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080014/000110465922031613/tm228653d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T00:37:31.730219+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"}