secwatch / observer
8-K filed July 18, 2023, 7:59 PM ET ticker HROW CIK 0001360214
M&A confidence high sentiment positive materiality 0.85

Harrow acquires VEVYE and Santen ophthalmic rights; Q2 revenue guidance >$31M

HARROW, INC.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HARROW, INC. reported second quarter 2023 results: revenue in excess of $31.0 million.

Period
second quarter 2023
Revenue
in excess of $31.0 million
Result
preliminary results
Exact text from the filing
Management expects the Company to record over $31,000,000 of total revenues and over $9,300,000 of Adjusted EBITDA (a non-GAAP measure) for the three-month period ended June 30, 2023.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

HARROW, INC. reported second quarter 2023 results: revenue in excess of $31.0 million.

Period
second quarter 2023
Revenue
in excess of $31.0 million
Result
preliminary results
Exact text from the filing
Second quarter 2023 revenues in excess of $31.0 million compared with prior-year second quarter revenues of $23.3 million
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HARROW, INC. amended Oaktree Amendment with Oaktree Fund Administration, LLC valued at from $100,000,000 to $112,500,000 (effective 2023-07-18).

Action
amendment
Agreement
credit facility
Counterparty
Oaktree Fund Administration, LLC
Value
from $100,000,000 to $112,500,000
Effective
2023-07-18
Exact text from the filing
On July 18, 2023, Harrow Health, Inc. (the "Company") entered into the First Amendment to Credit Agreement and Guaranty and Consent (the "Oaktree Amendment") to the Credit Agreement and Guaranty (the "Oaktree Loan") originally entered into on March 27, 2023, with the lenders from time to time party thereto and Oaktree Fund Administration, LLC, as administrative agent for the lenders (together, "Oaktree"). Under the Oaktree Amendment, the overall credit facility size was increased from $100,000,000 to $112,500,000, and the Company made other changes related to the Santen Products Acquisition
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HARROW, INC. filing history →

Source: SEC EDGAR
accession 0001493152-23-024851
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