Glaukos Corp Files 8-K on Material Agreement
Ticker: GKOS · Form: 8-K · Filed: Dec 3, 2024 · CIK: 1192448
Sentiment: neutral
Topics: material-agreement, 8-K, filing
Related Tickers: GKOS
TL;DR
Glaukos (GKOS) filed an 8-K on Dec 3rd for a material agreement - watch for details.
AI Summary
Glaukos Corporation filed an 8-K on December 3, 2024, reporting on a material definitive agreement and financial statements. The filing date indicates the earliest event reported was December 2, 2024. The company is incorporated in Delaware and headquartered in Aliso Viejo, California.
Why It Matters
This 8-K filing signals a significant event for Glaukos Corporation, potentially involving a new material definitive agreement that could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's future performance and stock price.
Key Players & Entities
- Glaukos Corporation (company) — Registrant
- December 2, 2024 (date) — Earliest event reported
- December 3, 2024 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Aliso Viejo, California (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement reported by Glaukos Corporation?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item of disclosure, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 2, 2024.
What is Glaukos Corporation's principal executive office address?
The principal executive offices are located at One Glaukos Way, Aliso Viejo, California, 92656.
What is Glaukos Corporation's standard industrial classification?
The SIC code is 3841, which corresponds to SURGICAL & MEDICAL INSTRUMENTS & APPARATUS.
What is the SEC file number for Glaukos Corporation?
The SEC file number is 001-37463.
Filing Stats: 617 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-12-03 06:02:37
Key Financial Figures
- $287.5 million — s") in an aggregate principal amount of $287.5 million. The Capped Call Unwind Agreements rela
Filing Documents
- gkos-20241202x8k.htm (8-K) — 41KB
- gkos-20241202xex10d1.htm (EX-10.1) — 48KB
- 0001558370-24-015973.txt ( ) — 212KB
- gkos-20241202.xsd (EX-101.SCH) — 3KB
- gkos-20241202_lab.xml (EX-101.LAB) — 15KB
- gkos-20241202_pre.xml (EX-101.PRE) — 10KB
- gkos-20241202x8k_htm.xml (XML) — 5KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On December 2, 2024, Glaukos Corporation (the "Company") entered into unwind agreements with certain financial institutions (the "Option Counterparties") relating to a portion of the capped call transactions (the "Capped Call Unwind Agreements") that were previously entered into by the Company with such Option Counterparties in connection with the issuance of its 2.75% Convertible Senior Notes due 2027 (the "Notes") in an aggregate principal amount of $287.5 million. The Capped Call Unwind Agreements relate to a portion of capped call transactions corresponding to fifty percent of the number of shares of the Company's common stock initially underlying the Notes. Pursuant to the Capped Call Unwind Agreements, the Option Counterparties will deliver to the Company a cash amount in respect of the capped call transactions being early terminated thereunder, which cash amount will be determined based upon the volume-weighted average price per share of the Company's common stock during an averaging period, commencing on December 3, 2024. The foregoing description of the Capped Call Unwind Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the form of Capped Call Unwind Agreements, which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Form of Capped Call Unwind Agreement, dated as of December 2, 2024, by and between Glaukos Corporation and the applicable call option counterparty 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: December 3, 2024