---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-080298"
form_type: "8-K"
ticker: "OSIS"
cik: "0001039065"
company_name: "OSI SYSTEMS INC"
filed_at: "2024-07-17T23:59:59+00:00"
generated_at: "2026-05-31T20:05:24.701044+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OSI Systems prices upsized $300M convertible notes offering at 2.25% due 2029

## Summary
- Offering upsized from $275M to $300M; initial conversion price $191.98/share, a 27.5% premium to $150.57 close.
- Net proceeds ~$291.8M; ~$80M used to repurchase 531,314 shares concurrently; remainder to repay credit facility.
- Notes mature Aug 1, 2029; interest 2.25% paid semi-annually; settlement expected July 19, 2024.
- Initial purchasers granted option for up to $50M additional notes; total potential $350M.
- Convertible into OSI common stock; cash and/or shares settlement; redemption possible after Aug 6, 2027 if conditions met.

## SEC filing metadata
- accession: 0001104659-24-080298
- form_type: 8-K
- ticker: OSIS
- cik: 0001039065
- company_name: OSI SYSTEMS INC
- filed_at: 2024-07-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039065/000110465924080298/0001104659-24-080298-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039065/000110465924080298/tm2419647d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-080298
- JSON: https://secwatch.observer/filing/0001104659-24-080298.json
- Plain text: https://secwatch.observer/filing/0001104659-24-080298.txt

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