secwatch.observer — SEC 8-K summary
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Issuer:     COHU INC (COHU)
CIK:        0000021535
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001437749-25-030026
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cohu closes $287.5M convertible notes offering at 1.50% due 2031
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- Issued $287.5M principal of 1.50% convertible senior notes due Jan 15, 2031; initial purchasers' option exercised in full.
- Net proceeds ~$278.9M; used $28.4M for capped call transactions, remainder for general corporate purposes.
- Initial conversion price ~$27.18 per share (32.5% premium over $20.51 reference price); capped call cap at $41.02.
- Capped calls expected to reduce dilution upon conversion up to stock price of $41.02 per share.
- Notes are senior unsecured, redeemable after Jan 22, 2029 under certain conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/21535/000143774925030026/0001437749-25-030026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/21535/000143774925030026/cohu20250927_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-030026

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