secwatch.observer — SEC 8-K summary
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Issuer:     WYNN RESORTS LTD (WYNN)
CIK:        0001174922
Form:       8-K
Filed at:   2025-06-03T23:59:59+00:00
Accession:  0001174922-25-000091
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wynn Macau adjusts convertible bond conversion price to HK$9.66905 after dividend
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- Conversion price adjusted from HK$10.01212 to HK$9.66905 effective June 3, 2025 due to HK$0.185 final dividend.
- Adjustment applies to WML's US$600M 4.50% convertible bonds due 2029.
- Full conversion would result in ~487M shares, representing 9.3% of current issued shares.
- Wynn Resorts owns ~72% of Wynn Macau's ordinary shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174922/000117492225000091/0001174922-25-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174922/000117492225000091/wynn-20250602.htm
  HTML page:      https://secwatch.observer/filing/0001174922-25-000091

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