secwatch.observer — SEC 8-K summary
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Issuer:     Guardant Health, Inc. (GH)
CIK:        0001576280
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001193125-25-027362
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Guardant Health issues $600M 1.25% convertible notes due 2031; retires $659.3M of 0% notes due 2027
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- Exchanged $600M new 1.25% convertible notes due 2031 for $659.3M of existing 0% notes due 2027.
- After close, $490.7M of 2027 notes remain outstanding; new notes mature Feb 15, 2031.
- Initial conversion price ~$62.22/share (35% premium to Feb 6 closing price).
- Up to 13,017,960 shares may be issued upon conversion based on initial max conversion rate.
- New notes are senior unsecured; interest payable semi-annually at 1.25%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576280/000119312525027362/0001193125-25-027362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576280/000119312525027362/d891468d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-027362

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