---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-061602"
form_type: "8-K"
ticker: "VECO"
cik: "0000103145"
company_name: "VEECO INSTRUMENTS INC"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:05:40.725405+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Veeco prices $205M 2.875% convertible notes due 2029; enters Note Exchanges

## Summary
- $205M aggregate principal, 2.875% interest, semiannual payments; matures June 1, 2029.
- Initial purchasers have 30-day option to buy additional $25M of notes.
- Note Exchanges: $106M of 2025 Notes for ~$106M cash + 0.7M shares; $100M of 2027 Notes for ~$92.8M cash + 3.8M shares.
- Net proceeds ~$198.9M (or ~$223.3M if option exercised) used for Note Exchange cash portion and general corporate.
- Initial conversion rate: 34.2185 shares per $1,000; conversion price ~$29.22 per share.

## SEC filing metadata
- accession: 0001104659-23-061602
- form_type: 8-K
- ticker: VECO
- cik: 0000103145
- company_name: VEECO INSTRUMENTS INC
- filed_at: 2023-05-17T23:59:59+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/103145/000110465923061602/0001104659-23-061602-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103145/000110465923061602/tm2315518d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-061602
- JSON: https://secwatch.observer/filing/0001104659-23-061602.json
- Plain text: https://secwatch.observer/filing/0001104659-23-061602.txt

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