secwatch.observer — SEC 8-K summary
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Issuer:     BRUKER CORP (BRKR)
CIK:        0001109354
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001140361-25-034295
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bruker closes $690M 6.375% mandatory convertible preferred stock offering
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- Issued 2.76M shares of Series A mandatory convertible preferred (BRKRP) at $250 liquidation preference per share, total $690M.
- Net proceeds approx. $669.5M after underwriting discounts and expenses; full over-allotment exercised.
- Mandatory conversion on Sept 1, 2028 into 6.9534–8.5179 shares of BRKR common per preferred share.
- Cumulative dividends at 6.375% p.a., payable quarterly starting Dec 1, 2025; may be paid in cash or common stock.
- Restricts common stock dividends and repurchases while preferred is outstanding unless all preferred dividends are paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1109354/000114036125034295/0001140361-25-034295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1109354/000114036125034295/ef20055284_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-034295

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