{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-063141","form_type":"8-K","ticker":"VECO","cik":"0000103145","company_name":"VEECO INSTRUMENTS INC","filed_at":"2023-05-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.688553+00:00","generated_at":"2026-06-14T17:52:41.977739+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Veeco closes $230M 2.875% convertible notes due 2029; exchanges existing notes","bullets":["Priced $205M notes plus $25M greenshoe fully exercised; net proceeds of ~$223.3M.","Used ~$198.8M to exchange $106M of 2025 notes (cash + 0.7M shares) and $100M of 2027 notes (cash + 3.8M shares).","Initial conversion price $29.22 per share, ~30% premium to $22.48 closing price on May 16, 2023.","Notes mature June 1, 2029; coupon 2.875% vs prior 3.50% (2025) and 3.75% (2027).","Entered into First Amendment to Loan and Security Agreement to permit the offering and exchanges."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-063141","json":"https://secwatch.observer/filing/0001104659-23-063141.json","markdown":"https://secwatch.observer/filing/0001104659-23-063141.md","text":"https://secwatch.observer/filing/0001104659-23-063141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/103145/000110465923063141/0001104659-23-063141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/103145/000110465923063141/tm2316279d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T17:52:41.977739+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":[{"claim_id":"85ef5ea94008e8bd12bcde2586d67b975e12ca27","claim":"VEECO INSTRUMENTS INC incurred convertible notes of $230 million aggregate principal amount with U.S. Bank Trust Company, National Association at 2.875% per year maturing June 1, 2029.","evidence_excerpt":"On May 19, 2023, the Company completed its private offering of $230 million aggregate principal amount of the Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/103145/000110465923063141/0001104659-23-063141-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$230 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"2.875% per year"},{"label":"Maturity","value":"June 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3cd150eb5ec881ce580f26de4249ab275177d31c","claim":"VEECO INSTRUMENTS INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $230 million aggregate principal amount of the Notes (effective 2023-05-19).","evidence_excerpt":"the Company entered into an Indenture, dated May 19, 2023 (the “Indenture”), with U.S. Bank Trust Company, National Association, as trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/103145/000110465923063141/0001104659-23-063141-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$230 million aggregate principal amount of the Notes"},{"label":"Effective","value":"2023-05-19"}],"fact_type":"material_agreement"},{"claim_id":"d942b62ee7946deb736b44158ee2f7d3c294302a","claim":"VEECO INSTRUMENTS INC entered into 2.875% Convertible Senior Notes due 2029 with initial purchasers valued at $230 million aggregate principal amount of the Notes (effective 2023-05-19).","evidence_excerpt":"riced its private offering of $205 million in aggregate principal amount of 2.875% Convertible Senior Notes due 2029 (the “Notes”). In addition, the Company granted the initial purchasers in the offering (the “Initial Purchasers”) a 30-day option to purchase","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/103145/000110465923063141/0001104659-23-063141-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"initial purchasers"},{"label":"Value","value":"$230 million aggregate principal amount of the Notes"},{"label":"Effective","value":"2023-05-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}