Glaukos Corp Files 8-K

TL;DR

Glaukos filed an 8-K on 10/11/24, check for updates.

AI Summary

Glaukos Corporation filed an 8-K on October 11, 2024, reporting other events and financial statements/exhibits. The filing does not contain specific financial figures or details about the nature of the 'other events' beyond its classification as a current report.

Why It Matters

This 8-K filing indicates Glaukos Corporation has submitted a current report to the SEC, which may contain material updates for investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K current report without specific financial disclosures or significant event details, making immediate risk assessment difficult.

Key Players & Entities

• Glaukos Corporation (company) — Registrant
• 0001558370-24-013262 (filing_id) — Accession Number
• October 11, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 949-367-9600 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $57.5 million — ption (the "Redemption Notice") for all $57.5 million aggregate principal amount outstanding
• $1,000 — s is 17.8269 shares of Common Stock per $1,000 principal amount, plus additional share

Filing Documents

• gkos-20241011x8k.htm (8-K) — 39KB
• gkos-20241011xex99d1.htm (EX-99.1) — 16KB
• 0001558370-24-013262.txt ( ) — 174KB
• gkos-20241011.xsd (EX-101.SCH) — 3KB
• gkos-20241011_lab.xml (EX-101.LAB) — 15KB
• gkos-20241011_pre.xml (EX-101.PRE) — 10KB
• gkos-20241011x8k_htm.xml (XML) — 5KB

01. Other Events

Item 8.01. Other Events. On October 4, 2024, Glaukos Corporation (the "Company") issued a notice of redemption (the "Redemption Notice") for all $57.5 million aggregate principal amount outstanding of its 2.75% Convertible Senior Notes due 2027 (the "Notes"), which were issued pursuant to an indenture dated June 11, 2020 (the "Indenture") between the Company and Computershare Trust Company, National Association, as successor to Wells Fargo Bank, National Association, as trustee (the "Redemption"). Pursuant to the Redemption Notice, on December 16, 2024 (the "Redemption Date"), the Company will redeem all Notes that have not been converted prior to such date at a redemption price equal to 100% of the principal amount of such Notes (the "Redemption Price") together with accrued and unpaid interest from December 1, 2024 to, but excluding, the Redemption Date. On the Redemption Date, the Redemption Price will become due and payable upon each Note to be redeemed and interest thereon will cease to accrue on and after the Redemption Date. The Notes called for redemption may be converted by holders into shares of common stock of the Company ("Common Stock") pursuant to physical settlement as set forth in the Indenture at any time prior to 5:00 p.m. (New York City time) on December 13, 2024. The conversion rate for the Notes is 17.8269 shares of Common Stock per $1,000 principal amount, plus additional shares of 0.3501 per $1,000 principal amount in accordance with the terms and conditions of the Indenture. The Notes are therefore convertible into 18.1770 shares of Common Stock per $1,000 principal amount surrendered for conversion thereunder. The foregoing description of the Redemption does not purport to be complete and is qualified in its entirety by reference to the Redemption Notice, which is attached hereto as Exhibit 99.1 to this report and is incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 99.1 Redemption Notice 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLAUKOS CORPORATION (Registrant) By: /s/ Alex R. Thurman Name: Alex R. Thurman Title: Senior Vice President & Chief Financial Officer Date: October 11, 2024

View Full Filing

View this 8-K filing on SEC EDGAR