{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-183075","form_type":"8-K","ticker":"EVH","cik":"0001628908","company_name":"Evolent Health, Inc.","filed_at":"2025-08-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.519400+00:00","generated_at":"2026-05-17T11:28:04.761577+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Evolent prices upsized $145M convertible notes at 4.50%; uses proceeds to repurchase 2025 notes and common stock.","bullets":["Priced $145M (upsized from $140M) of 4.50% convertible senior notes due 2031; initial purchasers have 30-day option for additional $21.75M.","Conversion price ~$13.53/share, representing ~50% premium over $9.02 closing price on Aug 18, 2025.","Net proceeds estimated at $140.2M ($161.2M if option fully exercised), after fees and expenses.","Approximately $100.2M plus available liquidity to repurchase ~$167.4M of existing 1.50% 2025 notes; ~$40M to repurchase 4.43M common shares at $9.02/sh.","CFO states transaction avoids over $9M annual interest vs. credit facilities and extends next debt maturity to 2029."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-183075","json":"https://secwatch.observer/filing/0001193125-25-183075.json","markdown":"https://secwatch.observer/filing/0001193125-25-183075.md","text":"https://secwatch.observer/filing/0001193125-25-183075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1628908/000119312525183075/0001193125-25-183075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1628908/000119312525183075/d30469d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:28:04.761577+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}