---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-022242"
form_type: "8-K"
ticker: "GH"
cik: "0001576280"
company_name: "Guardant Health, Inc."
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:55:01.251854+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Guardant Health exchanges $659.3M of 0% 2027 notes for $600M of 1.25% 2031 notes; plans $45M buyback

## Summary
- Issues $600M of 1.25% Convertible Senior Notes due Feb 15, 2031, exchanging for $659.3M of 0% Convertible 2027 Notes.
- Initial conversion price of new notes ~$62.22/share, a 35% premium to Feb 6, 2025 closing price.
- After close (~Feb 14, 2025), $490.7M of 2027 Notes remain outstanding with unchanged terms.
- Intends to repurchase ~$45M of common stock from participants; exchange agent will buy ~$35M separately.
- New notes are unregistered, issued under Section 4(a)(2) and 3(a)(9) exemptions.

## SEC filing metadata
- accession: 0001193125-25-022242
- form_type: 8-K
- ticker: GH
- cik: 0001576280
- company_name: Guardant Health, Inc.
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576280/000119312525022242/0001193125-25-022242-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576280/000119312525022242/d931211d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-022242
- JSON: https://secwatch.observer/filing/0001193125-25-022242.json
- Plain text: https://secwatch.observer/filing/0001193125-25-022242.txt

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