---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-185388"
form_type: "8-K"
ticker: "EVH"
cik: "0001628908"
company_name: "Evolent Health, Inc."
filed_at: "2025-08-21T23:59:59+00:00"
generated_at: "2026-05-17T10:52:21.584920+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Evolent Health issues $166.75M of 4.50% convertible notes, repurchases existing notes and stock

## Summary
- Issued $166.75M aggregate principal of 4.50% convertible senior notes due 2031 at 100% par.
- Used net proceeds of $161.2M plus liquidity to repurchase $167.4M of 1.50% convertible notes due 2025 for $167.6M.
- Concurrently repurchased $40M of Class A common stock in privately negotiated transactions.
- Initial conversion price of ~$13.53 per share, representing a 50% premium over August 18 closing price.

## SEC filing metadata
- accession: 0001193125-25-185388
- form_type: 8-K
- ticker: EVH
- cik: 0001628908
- company_name: Evolent Health, Inc.
- filed_at: 2025-08-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628908/000119312525185388/0001193125-25-185388-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628908/000119312525185388/d72742d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-185388
- JSON: https://secwatch.observer/filing/0001193125-25-185388.json
- Plain text: https://secwatch.observer/filing/0001193125-25-185388.txt

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