debt
confidence high
sentiment neutral
materiality 0.65
Gossamer Bio extends early tender deadline for exchange offer; $181M of notes tendered
Gossamer Bio, Inc.
- Early tender deadline extended to 5:00 p.m. ET on June 2, 2026; early settlement expected June 4, 2026.
- $181,052,000 in aggregate principal of 5.00% Convertible Senior Notes due 2027 validly tendered as of June 1.
- Exchange offer requires minimum 98% of aggregate principal to be tendered; withdrawal deadline expired June 1.
- New 7.50% Convertible Senior Secured First Lien Notes due 2030 offered, up to $72.0M principal.
- Up to 317,647,058 shares of common stock (or prefunded warrants) offered as part of exchange consideration.