OPKO's $121M 3.75% convertible notes due 2029 become convertible through Dec. 31 after stock tops $1.495 trigger

OPKO HEALTH, INC.

Approximately $121 million of OPKO's 3.75% Convertible Senior Notes due 2029 are convertible by holders through December 31, 2026.
Trigger met because OPK closed above $1.495 (130% of the $1.15 conversion price) for at least 20 of 30 consecutive trading days in the quarter ended Sept. 30, 2026.
OPKO elected to settle conversions in common stock; holders receive 869.5652 shares per $1,000 principal plus any applicable early-conversion make-whole shares.
Notes may stay convertible after Dec. 31, 2026 if another condition in the Jan. 9, 2024 Indenture with U.S. Bank Trust is satisfied in a future measurement period.
Company determined the conversion status on October 1, 2026; CFO Adam Logal signed the report dated October 2, 2026.

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