{"schema_version":"secwatch.filing_event.v1","accession":"0001438133-24-000042","form_type":"8-K","ticker":"TNDM","cik":"0001438133","company_name":"TANDEM DIABETES CARE INC","filed_at":"2024-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.196062+00:00","generated_at":"2026-06-04T23:44:56.642511+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Tandem Diabetes Care issues $316.25M convertible notes, repurchases existing 2025 notes and common stock","bullets":["Issued $316.25M aggregate principal amount of 1.50% Convertible Senior Notes due 2029, including full exercise of initial purchasers' option for additional $41.25M.","Used $246.1M of net proceeds to repurchase $246.7M of its 1.50% Convertible Senior Notes due 2025 in privately negotiated transactions.","Used $30.0M to repurchase approximately 1.1 million shares of common stock at $27.105 per share from note purchasers.","Entered capped call transactions with initial purchasers to reduce potential dilution upon conversion, with initial cap price of $42.0128 per share.","Net proceeds were approximately $306.4M after deducting discounts, commissions, and capped call costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001438133-24-000042","json":"https://secwatch.observer/filing/0001438133-24-000042.json","markdown":"https://secwatch.observer/filing/0001438133-24-000042.md","text":"https://secwatch.observer/filing/0001438133-24-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1438133/000143813324000042/0001438133-24-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1438133/000143813324000042/tndm-20240304.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T23:44:56.642511+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":"c9b5076c25c6f55477e24ac0d9fa86963f4942ed","claim":"TANDEM DIABETES CARE INC incurred convertible notes of $316.25 million aggregate principal amount with U.S. Bank Trust Company, National Association at 1.50% per year maturing March 15, 2029.","evidence_excerpt":"On March 8, 2024, Tandem Diabetes Care, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $316.25 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029 (the “Notes”), including the exercise in full of the initial purchasers’ option to purchase up to an additional $41.25 million principal amount of Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438133/000143813324000042/0001438133-24-000042-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$316.25 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"1.50% per year"},{"label":"Maturity","value":"March 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8df5b0a54459ac4b5523915434080eb3089b7f92","claim":"TANDEM DIABETES CARE INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $316.25 million aggregate principal amount (effective 2024-03-08).","evidence_excerpt":"Indenture and Notes On March 8, 2024, Tandem Diabetes Care, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $316.25 million aggregate principal amount of 1.50% Convertible Senior Notes due 2029","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438133/000143813324000042/0001438133-24-000042-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$316.25 million aggregate principal amount"},{"label":"Effective","value":"2024-03-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}