secwatch.observer — SEC 8-K summary
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Issuer:     Compass, Inc. (COMP)
CIK:        0001563190
Form:       8-K
Filed at:   2026-01-08T23:59:59+00:00
Accession:  0001563190-26-000009
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1563190/000156319026000009/0001563190-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1563190/000156319026000009/comp-20260108.htm
  HTML page:      https://secwatch.observer/filing/0001563190-26-000009

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