{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-015676","form_type":"8-K","ticker":"AEIS","cik":"0000927003","company_name":"ADVANCED ENERGY INDUSTRIES INC","filed_at":"2023-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.065666+00:00","generated_at":"2026-06-10T19:49:31.842682+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Advanced Energy closes $575M 2.50% convertible senior notes due 2028; fully exercises initial purchasers' option","bullets":["$575M aggregate principal of 2.50% convertible notes due 2028; initial purchasers' option fully exercised for extra $75M.","Net proceeds ~$561.2M; used $40.1M for convertible note hedges and $40M to repurchase 378,286 shares of common stock.","Initial conversion price ~$137.46 per share, a 30% premium over $105.74 closing price on Sept 7, 2023.","Company also entered warrant transactions with strike price ~$179.76 per share (70% premium); warrants may dilute EPS.","Proceeds intended for growth plans (including M&A), debt repayment, share repurchases, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-015676","json":"https://secwatch.observer/filing/0001558370-23-015676.json","markdown":"https://secwatch.observer/filing/0001558370-23-015676.md","text":"https://secwatch.observer/filing/0001558370-23-015676.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/927003/000155837023015676/0001558370-23-015676-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/927003/000155837023015676/aeis-20230912x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T19:49:31.842682+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":"548ad84ce70c9eea3aa703eab6f478d5467aaf84","claim":"ADVANCED ENERGY INDUSTRIES INC incurred convertible notes of $575 million aggregate principal amount with initial purchasers at 2.50% per year maturing September 15, 2028.","evidence_excerpt":"On September 12, 2023, Advanced Energy Industries, Inc. (the “Company”) completed its previously announced private unregistered offering of $575 million aggregate principal amount of its 2.50% Convertible Senior Notes due 2028 (the “Notes”), which amount includes the full exercise of the initial purchasers’ option to purchase up to $75 million aggregate principal amount of additional Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/927003/000155837023015676/0001558370-23-015676-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$575 million aggregate principal amount"},{"label":"Counterparty","value":"initial purchasers"},{"label":"Rate","value":"2.50% per year"},{"label":"Maturity","value":"September 15, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"997bb333b4e750b376402a5e6918e7ca171365d6","claim":"ADVANCED ENERGY INDUSTRIES INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $575 million aggregate principal amount (effective 2023-09-12).","evidence_excerpt":"Indenture (the “Indenture”), dated as of September 12, 2023, by and between the Company and U.S. Bank Trust Company, National Association, as trustee","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/927003/000155837023015676/0001558370-23-015676-index.htm","confidence":1.0,"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":"$575 million aggregate principal amount"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}