secwatch.observer — SEC 8-K summary
======================================

Issuer:     ONESPAWORLD HOLDINGS Ltd (OSW)
CIK:        0001758488
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001193125-23-120166
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpaWorld closes warrant exchange; issues ~3.85M shares for 19.27M warrants
-----------------------------------------------------------------------------

- Exchanged 15.29M public warrants at 0.2047 ratio for 3,129,200 common shares on April 26, 2023.
- Exchanged 3.98M private warrants: affiliates at 0.175 ratio (534,780 shares), non-affiliates at 0.2047 ratio (189,958 shares) on April 25, 2023.
- Approximately 95% of public warrants and 50% of private warrants exchanged; resulting shares outstanding: 83,697,994 voting and 13,421,914 non-voting.
- Directors and affiliates exchanged 3,055,906 private warrants for 534,780 common shares as part of the transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758488/000119312523120166/0001193125-23-120166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758488/000119312523120166/d450524d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-120166

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer