---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-145247"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2025-06-24T23:59:59+00:00"
generated_at: "2026-05-18T22:53:06.805874+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Array Technologies proposes $250M convertible senior notes due 2031, also details APA Acquisition risks

## Summary
- Offering $250M aggregate principal of convertible senior notes due 2031; initial purchasers option for additional $37.5M.
- Net proceeds to repay $150M of term loan facility, fund capped call costs, and for general corporate purposes.
- May repurchase outstanding 1.00% convertible notes due 2028 from holders using portion of net proceeds.
- Capped call transactions with option counterparties expected to reduce dilution upon conversion of the Notes.
- Filing supplements risk factors for pending APA Acquisition (acquiring APA Solar) under equity purchase agreement signed June 17, 2025.

## SEC filing metadata
- accession: 0001193125-25-145247
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2025-06-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000119312525145247/0001193125-25-145247-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000119312525145247/d918876d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-145247
- JSON: https://secwatch.observer/filing/0001193125-25-145247.json
- Plain text: https://secwatch.observer/filing/0001193125-25-145247.txt

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