---
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"
generated_at: "2026-05-20T11:17:51.158743+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Beauty Health issues $250M 7.95% convertible notes due 2028; conversion price ~$2.86

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-004033
- JSON: https://secwatch.observer/filing/0001683168-25-004033.json
- Plain text: https://secwatch.observer/filing/0001683168-25-004033.txt

## Key facts
- Debt Financings
  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.
  - Instrument: senior notes
  - Principal: $250,000,000 principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 7.95% per annum
  - Maturity: November 15, 2028
  - Event: incurrence
  source text: issued $250,000,000 principal amount of its 7.95% Convertible Senior Secured Notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818093/000168316825004033/0001683168-25-004033-index.htm

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