---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-048032"
form_type: "8-K"
ticker: "ALHC"
cik: "0001832466"
company_name: "Alignment Healthcare, Inc."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:52:18.002306+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alignment Healthcare issues $330M 4.25% convertible notes due 2029; proceeds to repay term loan

## Summary
- Issued $330M aggregate principal of 4.25% Convertible Senior Notes due 2029; net proceeds ~$321M.
- Conversion price of ~$16.04 per share, a 25% premium to Nov 14, 2024 closing price.
- Proceeds to repay existing SOFR+6.5% term loan facility and for general corporate purposes.
- Placement agent plans to purchase ~3.44M shares in private transactions concurrently.
- Year-end parent cash expected approximately $105M, excluding note transaction effects.

## SEC filing metadata
- accession: 0001628280-24-048032
- form_type: 8-K
- ticker: ALHC
- cik: 0001832466
- company_name: Alignment Healthcare, Inc.
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832466/000162828024048032/0001628280-24-048032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832466/000162828024048032/alhc-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-048032
- JSON: https://secwatch.observer/filing/0001628280-24-048032.json
- Plain text: https://secwatch.observer/filing/0001628280-24-048032.txt

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