---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-058847"
form_type: "8-K"
ticker: "CRNC"
cik: "0001768267"
company_name: "Cerence Inc."
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:07:14.640746+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cerence repurchases $30M of 1.50% convertible notes due 2028 at 92% discount

## Summary
- Repurchased $30M aggregate principal amount of its 1.50% Convertible Senior Notes due 2028.
- Cash repurchase price equal to 92% of principal plus accrued interest to settlement date.
- Repurchased notes will be canceled, reducing outstanding debt.
- Transaction completed in privately negotiated deals with certain holders.
- Expected to lower future interest expense and leverage.

## SEC filing metadata
- accession: 0001628280-25-058847
- form_type: 8-K
- ticker: CRNC
- cik: 0001768267
- company_name: Cerence Inc.
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1768267/000162828025058847/0001628280-25-058847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1768267/000162828025058847/crnc-20251223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-058847
- JSON: https://secwatch.observer/filing/0001628280-25-058847.json
- Plain text: https://secwatch.observer/filing/0001628280-25-058847.txt

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