{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-004033","form_type":"8-K","ticker":"SKIN","cik":"0001818093","company_name":"SkinHealth Systems Inc.","filed_at":"2025-05-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.861010+00:00","generated_at":"2026-05-20T11:17:51.158743+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Beauty Health issues $250M 7.95% convertible notes due 2028; conversion price ~$2.86","bullets":["$250M principal amount of 7.95% Convertible Senior Secured Notes due Nov 15, 2028 issued on May 27, 2025.","Initial conversion rate: 349.6503 shares per $1,000 principal (conversion price ~$2.86 per share).","Notes are senior secured obligations guaranteed by material domestic wholly-owned subsidiaries.","Notes redeemable at Company's option on/after Sept 1, 2028 subject to liquidity conditions; holders may require repurchase upon fundamental change.","Indenture includes restrictive covenants limiting indebtedness, liens, investments, and restricted payments."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-004033","json":"https://secwatch.observer/filing/0001683168-25-004033.json","markdown":"https://secwatch.observer/filing/0001683168-25-004033.md","text":"https://secwatch.observer/filing/0001683168-25-004033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1818093/000168316825004033/0001683168-25-004033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1818093/000168316825004033/skin_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T11:17:51.158743+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98f111b2646fb78c4c2722b11ff3407720deed97","claim":"SkinHealth Systems Inc. incurred senior notes of $250,000,000 principal amount with U.S. Bank Trust Company, National Association at 7.95% per annum maturing November 15, 2028.","evidence_excerpt":"issued $250,000,000 principal amount of its 7.95% Convertible Senior Secured Notes due 2028","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1818093/000168316825004033/0001683168-25-004033-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$250,000,000 principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"7.95% per annum"},{"label":"Maturity","value":"November 15, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}