secwatch.observer — SEC 8-K summary
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Issuer:     MANNKIND CORP (MNKD)
CIK:        0000899460
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001193125-24-280821
Event type: debt
Sentiment:  positive
Materiality: 0.85
Item codes: 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

MannKind exchanges $193.7M of 2.50% convertible notes for 26.7M shares plus $89.2M cash
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- Aggregate principal $193.7M of 2.50% Convertible Senior Notes due 2026 exchanged for 26,749,559 shares of common stock.
- Cash payment of ~$89.2M additional exchange consideration.
- Closings expected on Dec. 20 and Dec. 23, 2024, subject to conditions.
- After exchange, ~$36.3M principal of Notes remains outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899460/000119312524280821/0001193125-24-280821-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899460/000119312524280821/d129233d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-280821

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