OneSpaWorld Holdings Files 8-K Report
Ticker: OSW · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1758488
| Field | Detail |
|---|---|
| Company | Onespaworld Holdings Ltd (OSW) |
| Form Type | 8-K |
| Filed Date | Mar 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $54.1 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, regulatory-update
TL;DR
OSW filed an 8-K, looks like a procedural update, no major news yet.
AI Summary
On March 19, 2024, OneSpaWorld Holdings Limited filed an 8-K report. The filing primarily serves as a notification of an event and does not contain specific financial transactions or material business updates beyond its classification as an 'Other Event'. The company is incorporated in the Commonwealth of The Bahamas and its principal executive offices are located in Nassau.
Why It Matters
This 8-K filing indicates a formal notification event for OneSpaWorld Holdings Limited, requiring public disclosure as per SEC regulations.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for 'Other Events' and does not disclose any new material risks or significant business changes.
Key Numbers
- 001-38843 — Commission File Number (Identifies the company's SEC filing history)
Key Players & Entities
- OneSpaWorld Holdings Limited (company) — Registrant
- March 19, 2024 (date) — Date of earliest event reported
- Commonwealth of The Bahamas (jurisdiction) — State of incorporation
- Nassau (location) — Address of principal executive offices
- Harry B. Sands, Lobosky Management Co. Ltd. (company) — Agent for service of process
FAQ
What is the specific nature of the 'Other Event' reported in the 8-K filing?
The filing does not specify the exact nature of the 'Other Event', only that it is being reported under Item 8.01 of Form 8-K.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this filing occurred on March 19, 2024.
Where is OneSpaWorld Holdings Limited incorporated?
OneSpaWorld Holdings Limited is incorporated in the Commonwealth of The Bahamas.
What is the company's principal executive office address?
The principal executive offices are located at Harry B. Sands, Lobosky Management Co. Ltd., Office Number 2, Pineapple Business Park, Airport Industrial Park, P.O. Box N-624, Nassau, Island of New Providence, Commonwealth of The Bahamas.
What is the Commission File Number for OneSpaWorld Holdings Limited?
The Commission File Number for OneSpaWorld Holdings Limited is 001-38843.
Filing Stats: 481 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-03-26 07:00:13
Key Financial Figures
- $0.0001 — red Common Shares, par value (U.S.) $0.0001 per share OSW The Nasdaq Capital Ma
- $11.50 — of the Company, at an exercise price of $11.50 per share (the "Warrants"). On March 19
- $54.1 million — cting applicable fees) of approximately $54.1 million. As previously announced, a total of 19
Filing Documents
- osw-20240319.htm (8-K) — 51KB
- 0000950170-24-036149.txt ( ) — 176KB
- osw-20240319.xsd (EX-101.SCH) — 32KB
- osw-20240319_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events On March 19, 2019, OneSpaWorld Holdings Limited (the "Company") issued 24,499,999 warrants to purchase common shares, par value $0.0001 per share, of the Company, at an exercise price of $11.50 per share (the "Warrants"). On March 19, 2024, the five-year exercise period for the Warrants (the "Exercise Period") expired and the remaining 465,689 unexercised Warrants were cancelled. Over the Exercise Period, a total of 24,034,310 Warrants were exercised, generating net proceeds to the Company (after deducting applicable fees) of approximately $54.1 million. As previously announced, a total of 19,270,733 Warrants were exchanged for the Company's common shares pursuant to privately negotiated warrant exchange agreements with certain holders of the Warrants. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OneSpaWorld Holdings Limited Date: March 26, 2024 By: /s/ Stephen B. Lazarus Stephen B. Lazarus Chief Financial Officer and Chief Operating Officer