secwatch.observer — SEC 8-K summary
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Issuer:     Nutanix, Inc. (NTNX)
CIK:        0001618732
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001193125-24-279708
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nutanix issues $862.5M 0.50% convertible notes due 2029; repurchases $75M of 2027 notes and $200M in stock
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- Net proceeds of ~$844.5M; used $95.5M to repurchase $75M of existing 2027 notes and $200M to buy back 3.1M shares at $64.78/share.
- Conversion price ~$85.83 per share (initial conversion rate 11.6505 shares per $1,000 principal).
- Notes mature Dec 15, 2029; redeemable at Nutanix's option after Dec 20, 2027 if stock price ≥130% of conversion price.
- Annual meeting results: all six directors elected; Deloitte ratified; say-on-pay approved; advisory vote on frequency set at every 1 year.
- Interest rate 0.50% per annum, payable semi-annually starting June 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618732/000119312524279708/0001193125-24-279708-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618732/000119312524279708/d706831d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-279708

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