secwatch.observer — SEC 8-K summary
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Issuer:     Anteris Technologies Global Corp. (AVR)
CIK:        0002011514
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001104659-24-130238
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Anteris receives Obsidian redemption notice for convertible notes; owes ~$5.89M cash
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- Obsidian required redemption of all convertible notes after IPO and reorganization close on Dec 16, 2024.
- Company must pay $5,700,262.50 aggregate principal plus $191,010.00 in lieu of options by Dec 23, 2024.
- Notes had a face value of $1.15 per note; 4,956,750 notes were issued on Nov 7, 2024.
- Upon redemption, no notes outstanding under the facility; facility remains available for future drawdowns.
- Payment uses cash on hand following the IPO of 14.8M shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2011514/000110465924130238/0001104659-24-130238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2011514/000110465924130238/tm2431647d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-130238

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