---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-003922"
form_type: "8-K"
ticker: "SKIN"
cik: "0001818093"
company_name: "SkinHealth Systems Inc."
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:42:23.926486+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beauty Health exchanges $413.2M of 1.25% notes due 2026 for $250M of 7.95% secured notes due 2028 plus cash

## Summary
- Exchanges ~$413.2M aggregate principal of existing 1.25% convertible notes due 2026 for $250M new 7.95% convertible senior secured notes due 2028.
- Issues ~$143.4M in cash including accrued interest to exchanging holders.
- New notes secured, guaranteed by material domestic subsidiaries; conversion price ~$2.86 per share (initial rate 349.6503 shares/$1,000).
- Expected close on or about May 27, 2025; extends debt maturity by two years.
- CEO cites strengthened financial position and flexibility to invest in long-term growth.

## SEC filing metadata
- accession: 0001683168-25-003922
- form_type: 8-K
- ticker: SKIN
- cik: 0001818093
- company_name: SkinHealth Systems Inc.
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818093/000168316825003922/0001683168-25-003922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818093/000168316825003922/skin_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-003922
- JSON: https://secwatch.observer/filing/0001683168-25-003922.json
- Plain text: https://secwatch.observer/filing/0001683168-25-003922.txt

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