---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-101476"
form_type: "8-K"
ticker: "MCS"
cik: "0000062234"
company_name: "MARCUS CORP"
filed_at: "2024-09-20T23:59:59+00:00"
generated_at: "2026-05-31T03:22:13.024891+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Marcus Corp to repurchase $13.5M of convertible notes due 2025; net cash outlay ~$15.3M after capped call unwind

## Summary
- Enters purchase agreements to exchange $13.5M aggregate principal of 5% convertible notes due 2025 for cash.
- Final repurchase price ~$19.9M based on VWAP of $14.86; net cash outlay ~$15.3M after $4.6M capped call unwind.
- Separate unwind agreements with capped call counterparties to terminate corresponding hedges, yielding ~$4.6M cash to Marcus.
- Transactions expected to close October 11, 2024, subject to customary conditions.

## SEC filing metadata
- accession: 0001104659-24-101476
- form_type: 8-K
- ticker: MCS
- cik: 0000062234
- company_name: MARCUS CORP
- filed_at: 2024-09-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/62234/000110465924101476/0001104659-24-101476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/62234/000110465924101476/tm2424441d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-101476
- JSON: https://secwatch.observer/filing/0001104659-24-101476.json
- Plain text: https://secwatch.observer/filing/0001104659-24-101476.txt

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