secwatch.observer — SEC 8-K summary
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Issuer:     COLLEGIUM PHARMACEUTICAL, INC (COLL)
CIK:        0001267565
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001104659-24-046091
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Collegium calls all $26.35M of 2.625% Convertible Notes due 2026 for redemption June 14
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- Called all $26,350,000 of outstanding 2.625% Convertible Senior Notes due 2026; redemption date June 14, 2024.
- Redemption price: 100% of principal plus accrued interest, approximately $1,008.68 per $1,000 note.
- Triggered by common stock price exceeding 130% of conversion price for required period under indenture.
- Conversion rate increased to 36.7815 shares per $1,000 principal due to Make-Whole Fundamental Change; conversions settled in cash.
- Interest ceases after Redemption Date unless company defaults; holders must surrender notes by June 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1267565/000110465924046091/0001104659-24-046091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1267565/000110465924046091/tm2411583d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-046091

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