{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-203549","form_type":"8-K","ticker":"OSCR","cik":"0001568651","company_name":"Oscar Health, Inc.","filed_at":"2025-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.383566+00:00","generated_at":"2026-05-17T06:37:28.559082+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Oscar Health proposes $350M convertible notes due 2030; to fund AI, growth initiatives","bullets":["$350M principal amount of convertible senior subordinated notes due 2030; underwriters option for additional $52.5M.","Net proceeds for general corporate purposes, including AI initiatives, lowering cost of care, and potential extension of enhanced premium tax credits.","Notes subordinated to senior debt; interest rate and conversion price set at pricing; redeemable after Sep 2028 if stock exceeds 130% conversion price.","Expects to enter capped call transactions to offset dilution upon conversion; counterparties may hedge affecting stock price.","Plans to terminate revolving credit facility with Wells Fargo upon closing of the offering; amendment with Dragoneer permits offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-203549","json":"https://secwatch.observer/filing/0001193125-25-203549.json","markdown":"https://secwatch.observer/filing/0001193125-25-203549.md","text":"https://secwatch.observer/filing/0001193125-25-203549.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1568651/000119312525203549/0001193125-25-203549-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1568651/000119312525203549/d944718d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:37:28.559082+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"}