{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-074397","form_type":"8-K","ticker":"PACB","cik":"0001299130","company_name":"PACIFIC BIOSCIENCES OF CALIFORNIA, INC.","filed_at":"2023-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.310418+00:00","generated_at":"2026-06-13T16:55:09.684455+00:00","sec_items":["1.01","2.03","8.01","3.02","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PacBio exchanges $441M of 1.50% 2028 notes for $441M of 1.375% 2030 notes with Chimera","bullets":["Exchanged $441M of 1.50% 2028 Convertible Notes for $441M of new 1.375% 2030 Convertible Notes with Chimera Investment LLC.","New notes convertible at ~$21.50/share (46.5116 shares per $1,000 principal); interest payable semi-annually.","After exchange, $459M of original 2028 Notes remain outstanding with unchanged terms.","Lock-up on Chimera for 3 months; beneficial ownership limited to 4.99% (max 9.99%). Expected close June 30, 2023.","CEO says exchange extends debt duration and strengthens cash position; company targeting positive cash flows in 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-074397","json":"https://secwatch.observer/filing/0001104659-23-074397.json","markdown":"https://secwatch.observer/filing/0001104659-23-074397.md","text":"https://secwatch.observer/filing/0001104659-23-074397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1299130/000110465923074397/0001104659-23-074397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1299130/000110465923074397/tm2319528d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T16:55:09.684455+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"}