---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-049998"
form_type: "8-K"
ticker: "ATEC"
cik: "0001350653"
company_name: "Alphatec Holdings, Inc."
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T03:23:05.121278+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alphatec issues $405M 0.75% convertible notes due 2030; repurchases $253M 2026 notes

## Summary
- Issued $405M principal of 0.75% Convertible Senior Notes due 2030, including $55M from full exercise of initial purchasers' option.
- Initial conversion price ~$15.54 per share; interest payable semi-annually, matures March 15, 2030.
- Repurchased $253M aggregate principal of outstanding 2026 notes for ~$268.4M cash.
- Entered capped call transactions costing ~$42.5M to reduce dilution on conversion; cap price $23.46 per share.
- Notes are senior unsecured, redeemable after March 20, 2028 if stock price exceeds 130% of conversion price.

## SEC filing metadata
- accession: 0001193125-25-049998
- form_type: 8-K
- ticker: ATEC
- cik: 0001350653
- company_name: Alphatec Holdings, Inc.
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350653/000119312525049998/0001193125-25-049998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350653/000119312525049998/d890647d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-049998
- JSON: https://secwatch.observer/filing/0001193125-25-049998.json
- Plain text: https://secwatch.observer/filing/0001193125-25-049998.txt

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