---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-009701"
form_type: "8-K"
ticker: "OPK"
cik: "0000944809"
company_name: "OPKO HEALTH, INC."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:32:24.018033+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OPKO Health to exchange $152.5M convertible notes for 116.7M shares and ~$60.1M cash

## Summary
- Exchange of $152,471,000 principal of 3.75% Convertible Senior Notes due 2029 for 116,706,310 common shares and ~$60.1M cash, including accrued interest.
- Closing scheduled April 1, 2025; Exchanged Notes will be retired.
- Shares issued unregistered under Section 4(a)(2) based on Noteholder representations as QIBs or accredited investors.
- Transaction reduces debt and interest expense but dilutes existing shareholders by adding 116.7M new shares.

## SEC filing metadata
- accession: 0001437749-25-009701
- form_type: 8-K
- ticker: OPK
- cik: 0000944809
- company_name: OPKO HEALTH, INC.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/944809/000143774925009701/0001437749-25-009701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944809/000143774925009701/opk20250327_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-009701
- JSON: https://secwatch.observer/filing/0001437749-25-009701.json
- Plain text: https://secwatch.observer/filing/0001437749-25-009701.txt

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