---
schema_version: "secwatch.filing_event.v1"
accession: "0001563190-26-000009"
form_type: "8-K"
ticker: "COMP"
cik: "0001563190"
company_name: "Compass, Inc."
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:12:31.212640+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Compass prices $850M convertible notes at 0.25% due 2031, upsized $100M, linked to Anywhere merger

## Summary
- Priced $850M aggregate principal of 0.25% convertible senior notes due April 15, 2031; initial purchasers option for additional $150M.
- Initial conversion price ~$15.98/share (35% premium over Jan 7 close); capped call cap price $23.68/share.
- Net proceeds for general corporate purposes, including repaying Anywhere debt at closing of pending merger.
- Offering upsized by $100M from previously announced amount; expected to close on or about Jan 9, 2026.
- Notes are senior unsecured, guaranteed by subsidiaries that guarantee existing revolver; interest rate 0.25%.

## SEC filing metadata
- accession: 0001563190-26-000009
- form_type: 8-K
- ticker: COMP
- cik: 0001563190
- company_name: Compass, Inc.
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1563190/000156319026000009/0001563190-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563190/000156319026000009/comp-20260108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001563190-26-000009
- JSON: https://secwatch.observer/filing/0001563190-26-000009.json
- Plain text: https://secwatch.observer/filing/0001563190-26-000009.txt

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