{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-032467","form_type":"8-K","ticker":"ORA","cik":"0001296445","company_name":"ORMAT TECHNOLOGIES, INC.","filed_at":"2026-03-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.737235+00:00","generated_at":"2026-05-15T09:20:29.122150+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ormat closes $1B convertible note offering; repurchases $286M of 2027 notes and $25M common stock","bullets":["$1B aggregate convertible notes: $825M Series A (1.50%) and $175M Series B (0.00%), due 2031; initial conversion price ~$140.40/share.","Net proceeds ~$975.7M; used $287.9M + $25M cash + 0.6M shares to repurchase $285.9M of existing 2.50% 2027 notes.","Also used $25M of proceeds to repurchase common stock at $108/share in private transactions to offset dilution.","Series B notes may be put to Ormat on March 15, 2027 at par; company may redeem notes on/after March 20, 2029 if stock hits 130% conversion price.","Remaining net proceeds for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-032467","json":"https://secwatch.observer/filing/0001213900-26-032467.json","markdown":"https://secwatch.observer/filing/0001213900-26-032467.md","text":"https://secwatch.observer/filing/0001213900-26-032467.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/ea0282703-8k_ormat.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:20:29.122150+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":[{"claim_id":"4b7aa97361ea2f6ff26249b082134a0fb989c7b0","claim":"ORMAT TECHNOLOGIES, INC. incurred convertible notes of $1 billion aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 1.50% per year for Series A Notes; 0.00% for Series B Notes maturing March 15, 2031.","evidence_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","confidence":0.99},{"claim_id":"307c8a835eeb81c9ad2badbca183f4d78a1af0b4","claim":"ORMAT TECHNOLOGIES, INC. entered into Series A Notes Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of convertible senior notes (effective 2026-03-20).","evidence_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","confidence":0.9},{"claim_id":"76953482f9b9d34a36218a6da582b71209850c61","claim":"ORMAT TECHNOLOGIES, INC. entered into Series B Notes Indenture with U.S. Bank Trust Company, National Association valued at $1 billion aggregate principal amount of convertible senior notes (effective 2026-03-20).","evidence_excerpt":"The Series B Notes were issued pursuant to an indenture, dated March 20, 2026 (the \"Series B Notes Indenture\" and, together with the Series A Indenture, the \"Indentures\"), between the Company and the Trustee.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001492691-26-000042","ticker":"KNX","company_name":"Knight-Swift Transportation Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Knight-Swift closes $1.5B convertible note offering at 1.00% due 2031; proceeds used to repay term loans and revolver","event_type":"debt","sec_items":["1.01","2.03","3.02","8.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001492691-26-000042","json":"https://secwatch.observer/filing/0001492691-26-000042.json","markdown":"https://secwatch.observer/filing/0001492691-26-000042.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/0001492691-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/knx-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"On May 8, 2026, Knight-Swift Transportation Holdings Inc. (the \"Company\") completed its previously announced private offering (the \"Offering\") of $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1492691/000149269126000042/0001492691-26-000042-index.htm"}},{"accession":"0001104659-26-057128","ticker":"PUMP","company_name":"ProPetro Holding Corp.","filed_at":"2026-05-07T23:59:59+00:00","headline":"ProPetro issues $690M zero-coupon convertible notes due 2031, expands credit facility","event_type":"debt","sec_items":["1.01","2.03","3.02","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 8.01, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057128","json":"https://secwatch.observer/filing/0001104659-26-057128.json","markdown":"https://secwatch.observer/filing/0001104659-26-057128.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/0001104659-26-057128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/tm2613899d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"On May 7, 2026, ProPetro Holding Corp. (the “ Company ”), issued $690 million aggregate principal amount of its 0.00% Convertible Senior Notes due 2031","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1680247/000110465926057128/0001104659-26-057128-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0001213900-26-053894","ticker":"TBH","company_name":"Brag House Holdings, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Brag House issues $2.5M convertible notes at 25% OID; proceeds for House of Doge merger","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-053894","json":"https://secwatch.observer/filing/0001213900-26-053894.json","markdown":"https://secwatch.observer/filing/0001213900-26-053894.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/ea0289773-8k_braghouse.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"The issuance of the Notes in the aggregate original principal amount of $2,500,000 constitutes the creation of a direct financial obligation of the Company. The Notes bear interest at 12.0% per annum, mature on February 4, 2027","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm"}},{"accession":"0001104659-26-057138","ticker":"OCGN","company_name":"Ocugen, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Ocugen completes $115M convertible note offering at 6.75%, repays Avenue loan","event_type":"debt","sec_items":["1.01","1.02","2.02","2.03","3.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057138","json":"https://secwatch.observer/filing/0001104659-26-057138.json","markdown":"https://secwatch.observer/filing/0001104659-26-057138.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1372299/000110465926057138/0001104659-26-057138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1372299/000110465926057138/tm2613898d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"On May 7, 2026, Ocugen, Inc. (the “Company”) completed its previously announced private offering (the “offering”) of $115.0 million aggregate principal amount of 6.75% Convertible Senior Notes due 2034 (the “notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1372299/000110465926057138/0001104659-26-057138-index.htm"}},{"accession":"0001360604-26-000047","ticker":"HR","company_name":"Healthcare Realty Trust Inc","filed_at":"2026-05-07T23:59:59+00:00","headline":"HR subsidiary issues $700M 3.00% exchangeable senior notes due 2032","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 3.02, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001360604-26-000047","json":"https://secwatch.observer/filing/0001360604-26-000047.json","markdown":"https://secwatch.observer/filing/0001360604-26-000047.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1360604/000136060426000047/0001360604-26-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1360604/000136060426000047/hr-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"issued $700,000,000 aggregate principal amount of its 3.00% Exchangeable Senior Notes due 2032","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1360604/000136060426000047/0001360604-26-000047-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0000008947-26-000108","ticker":"AZZ","company_name":"AZZ INC","filed_at":"2026-05-08T23:59:59+00:00","headline":"AZZ refinances revolver; maturity extended to 2029, margins cut 50 bps","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-26-000108","json":"https://secwatch.observer/filing/0000008947-26-000108.json","markdown":"https://secwatch.observer/filing/0000008947-26-000108.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/azz-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On March 20, 2026, Ormat Technologies, Inc. (the \"Company\") completed its previously announced offering of $1 billion aggregate principal amount of convertible senior notes, consisting of (i) $825 million aggregate principal amount of 1.50% Series A Convertible Senior Notes due 2031 (the \"Series A Notes\") and (ii) $175 million aggregate principal amount of 0.00% Series B Convertible Senior Notes due 2031 (the \"Series B Notes\" and, together with the Series A Notes, the \"Notes\"), in each case, including the exercise in full of the initial purchasers' options to purchase an additional $100 million and $25 million of Series A Notes and Series B Notes, respectively.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1296445/000121390026032467/0001213900-26-032467-index.htm","comparable_excerpt":"The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}