---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-186770"
form_type: "8-K"
ticker: "COHR"
cik: "0000820318"
company_name: "COHERENT CORP."
filed_at: "2022-07-01T23:59:59+00:00"
generated_at: "2026-06-24T21:50:12.302751+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# II-VI completes acquisition of Coherent; each share receives $220 cash and 0.91 II-VI shares

## Summary
- Entered $4B senior secured credit facility ($850M Term A, $2.8B Term B, $350M revolver) to fund cash consideration and repay debt.
- Issued 140,000 Series B-2 Convertible Preferred shares to Bain Capital affiliate for $1.4B aggregate purchase price.
- Appointed former Coherent directors Stephen A. Skaggs and Sandeep S. Vij to II-VI board effective July 1, 2022.
- Awarded special RSUs to CEO ($4M), CSO ($2M), President ($1.75M), and CFO ($1.75M) vesting 50% per year over 2 years.

## SEC filing metadata
- accession: 0001193125-22-186770
- form_type: 8-K
- ticker: COHR
- cik: 0000820318
- company_name: COHERENT CORP.
- filed_at: 2022-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 2.03, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/820318/000119312522186770/0001193125-22-186770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/820318/000119312522186770/d307343d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-186770
- JSON: https://secwatch.observer/filing/0001193125-22-186770.json
- Plain text: https://secwatch.observer/filing/0001193125-22-186770.txt

## Key facts
- Executive change
  Sandeep S. Vij was appointed as Director at COHERENT CORP..
  - Action: appointed
  - Role: Director
  source text: Specifically, the Board of Directors appointed Stephen A. Skaggs and Sandeep S. Vij as members of the Board of Directors effective as of the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/820318/000119312522186770/0001193125-22-186770-index.htm
- Executive change
  Stephen A. Skaggs was appointed as Director at COHERENT CORP..
  - Action: appointed
  - Role: Director
  source text: Specifically, the Board of Directors appointed Stephen A. Skaggs and Sandeep S. Vij as members of the Board of Directors effective as of the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/820318/000119312522186770/0001193125-22-186770-index.htm

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