---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-179441"
form_type: "8-K"
ticker: "COHR"
cik: "0000820318"
company_name: "COHERENT CORP."
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:29:36.363240+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Coherent Corp announces mandatory conversion of Series A Preferred Stock to common; ~10.2M shares issued

## Summary
- All Series A Preferred shares convert automatically on July 3, 2023 at 4.4523 common shares per preferred share.
- Conversion will result in issuance of approximately 10.2 million common shares, increasing dilution.
- Final quarterly dividend of $3.00 per share to holders of record as of June 15, 2023, payable on conversion date.
- NYSE trading of preferred stock (IIVI) to be suspended and delisted; Company to deregister preferred stock.

## SEC filing metadata
- accession: 0001193125-23-179441
- form_type: 8-K
- ticker: COHR
- cik: 0000820318
- company_name: COHERENT CORP.
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/820318/000119312523179441/0001193125-23-179441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/820318/000119312523179441/d526095d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-179441
- JSON: https://secwatch.observer/filing/0001193125-23-179441.json
- Plain text: https://secwatch.observer/filing/0001193125-23-179441.txt

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