secwatch.observer — SEC 8-K summary
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Issuer:     Shockwave Medical, Inc. (—)
CIK:        0001642545
Form:       8-K
Filed at:   2023-08-15T23:59:59+00:00
Accession:  0001193125-23-213513
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shockwave Medical issues $750M of 1.00% convertible senior notes due 2028; net proceeds ~$730.4M
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- Issued $750M aggregate principal amount of 1.00% Convertible Senior Notes due 2028, including $100M initial purchaser option.
- Net proceeds ~$730.4M after discount and expenses; ~$96.4M used for capped call transactions to reduce dilution.
- Remaining proceeds for general corporate purposes including sales, R&D, and potential acquisitions.
- Initial conversion rate 3.4595 shares per $1,000 principal (~$289.06/share); capped call strike $444.70.
- Notes mature August 15, 2028; interest payable semi-annually; redeemable after August 20, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1642545/000119312523213513/0001193125-23-213513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1642545/000119312523213513/d513978d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-213513

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