{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-054049","form_type":"8-K","ticker":null,"cik":"0001029142","company_name":"DYNAVAX TECHNOLOGIES CORP","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.740144+00:00","generated_at":"2026-05-24T20:11:21.601298+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Dynavax issues $225M 2% convertible notes due 2030; exchanges $185.3M of 2026 notes","bullets":["Issued $225M of 2.00% convertible notes due 2030; initial conversion price $18.21 per share (30% premium).","Exchanged $185.3M of existing 2.50% notes due 2026 for ~$185.3M new notes and ~$82.5M cash payment.","Issued $39.7M new notes for cash; used proceeds plus $8M share repurchase at $14.01 to fund transactions.","After exchange, $40.2M of 2026 notes remain outstanding; capped call transactions partially terminated.","New notes mature March 15, 2030, rank equally with 2026 notes, and are convertible under certain conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-054049","json":"https://secwatch.observer/filing/0001193125-25-054049.json","markdown":"https://secwatch.observer/filing/0001193125-25-054049.md","text":"https://secwatch.observer/filing/0001193125-25-054049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1029142/000119312525054049/0001193125-25-054049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1029142/000119312525054049/d935304d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T20:11:21.601298+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"73b66641a9ba498bac70d31d8c76d14c495cc079","claim":"DYNAVAX TECHNOLOGIES CORP incurred convertible notes of $225.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 2.00% per annum maturing March 15, 2030.","evidence_excerpt":"Dynavax Technologies Corporation (the “Company”) issued $225.0 million aggregate principal amount of its 2.00% Convertible Senior Notes due 2030 (the “New Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1029142/000119312525054049/0001193125-25-054049-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$225.0 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"2.00% per annum"},{"label":"Maturity","value":"March 15, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}