---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-270049"
form_type: "8-K"
ticker: "IMAX"
cik: "0000921582"
company_name: "IMAX CORP"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-17T00:08:15.928531+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IMAX issues $250M 0.75% convertible notes due 2030, repurchases $229.7M of 2026 notes

## Summary
- Issued $250M aggregate principal of 0.750% Convertible Senior Notes due 2030 (including $30M greenshoe).
- Net proceeds ~$241.1M; used to fund $21.9M capped call transactions and repurchase $229.7M of 2026 notes for $276.0M.
- Initial conversion price ~$42.42/share; capped call cap price $57.10, reducing dilution up to 75% premium.
- Notes are senior unsecured, redeemable after Nov 2028 if stock >130% of conversion price.
- Repurchased 2026 notes at a premium; remaining 2026 notes and debt profile updated.

## SEC filing metadata
- accession: 0001193125-25-270049
- form_type: 8-K
- ticker: IMAX
- cik: 0000921582
- company_name: IMAX CORP
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921582/000119312525270049/0001193125-25-270049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921582/000119312525270049/d788025d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-270049
- JSON: https://secwatch.observer/filing/0001193125-25-270049.json
- Plain text: https://secwatch.observer/filing/0001193125-25-270049.txt

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