---
schema_version: "secwatch.filing_event.v1"
accession: "0001454938-24-000179"
form_type: "8-K"
ticker: "TEAD"
cik: "0001454938"
company_name: "Teads Holding Co."
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:22:06.748518+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Outbrain repurchases remaining $118M of 2.95% convertible notes; zero debt left

## Summary
- Repurchased remaining $118M principal of 2.95% Convertible Notes due 2026 for ~$109.7M, a 7.5% discount to par.
- Eliminated entire $236M principal balance (initial $118M repurchased in April 2023); no debt remains.
- Will record a pre-tax gain of ~$8.8M in Q3 2024 due to the discount.
- Post-repurchase, cash and investments total ~$128M (adjusted from Aug 31 balance).
- CFO says move strengthens balance sheet ahead of expected Teads acquisition close.

## SEC filing metadata
- accession: 0001454938-24-000179
- form_type: 8-K
- ticker: TEAD
- cik: 0001454938
- company_name: Teads Holding Co.
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000179/0001454938-24-000179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1454938/000145493824000179/outbrain-20240918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001454938-24-000179
- JSON: https://secwatch.observer/filing/0001454938-24-000179.json
- Plain text: https://secwatch.observer/filing/0001454938-24-000179.txt

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