Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
Seagate Technology Holdings plc issued a number of Seagate’s ordinary shares to be determined over a one trading day period beginning on, and including, November 5, 2025 of common stock to holders of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 for approximately $503.4 million in cash and ordinary shares.
- Security
- common stock
- Shares
- a number of Seagate’s ordinary shares to be determined over a one trading day period beginning on, and including, November 5, 2025
- Purchaser
- holders of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028
- Consideration
- approximately $503.4 million in cash and ordinary shares
Exact text from the filing
Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “us”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”) today announced that on November 4, 2025, they entered into separate, privately negotiated exchange agreements with a limited number of holders of Seagate HDD’s 3.50% Exchangeable Senior Notes due 2028 (the “notes”) to exchange (collectively, the “exchanges”) $500 million principal amount of notes for consideration consisting of an aggregate of approximately $503.4 million in cash and a number of Seagate’s ordinary shares (the “ordinary shares”) to be determined over a one trading day period beginning on, and including, November 5, 2025.
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