Opko Health notes become convertible through Dec. 31, with company to settle conversions in stock
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- Opko Health determined its 3.75% Convertible Senior Notes due 2029 are convertible through Dec. 31, 2026.
- Conversion right triggered by the common stock closing above $1.495 for at least 20 of 30 trading days.
- Opko elected to settle conversions in shares of common stock.
- About $121 million principal amount remains outstanding.
- Each $1,000 principal converts into 869 shares, subject to early conversion provisions.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Opko Health Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-412284), on October 02, 2026, and is solely responsible for the information contained therein.
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