secwatch.observer — SEC 8-K summary
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Issuer:     OSI SYSTEMS INC (OSIS)
CIK:        0001039065
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0001104659-24-081153
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSI Systems issues $400M of 2.25% convertible notes due 2029
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- Issued $350M plus $50M from underwriters' option for total $400M principal.
- 2.25% interest, semi-annual payments, matures August 1, 2029.
- Initial conversion rate 5.2090 shares/$1,000; conversion price ~$191.98 per share.
- Senior unsecured; redeemable at company's option after Aug 6, 2027 under conditions.
- Max ~2.32M shares issuable upon conversion initially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1039065/000110465924081153/0001104659-24-081153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1039065/000110465924081153/tm2419714d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-081153

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