Coherent Corp. completes mandatory conversion of Series A Preferred Stock, delists from NYSE

COHERENT CORP.

All outstanding 6.00% Series A Mandatory Convertible Preferred Stock converted on July 3, 2023.
Conversion rate set at 4.4523 common shares per preferred share, plus cash for fractional shares.
No shares of preferred stock remain outstanding after the conversion.
Company requested NYSE to suspend trading and delist the preferred stock.
Company intends to file Form 15 to suspend reporting obligations for the preferred stock.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.