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Ocugen completes USD 115 million 6.75% convertible senior notes offering due 2034

PUBT·05/07/2026 21:04:31
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Ocugen completes USD 115 million 6.75% convertible senior notes offering due 2034
  • Ocugen closed previously announced private offering of 6.75% Convertible Senior Notes due 2034 with USD 115 million aggregate principal amount.
  • Notes mature May 15, 2034; interest payable May 15 and Nov. 15 starting Nov. 15, 2026.
  • Conversion rate set at 372.7866 shares per USD 1,000 principal amount, implying initial conversion price about USD 2.68 per share.
  • Redemptions barred before May 15, 2029; optional redemption allowed from that date if stock meets 130% price trigger versus conversion price.


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. Ocugen 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: 0001104659-26-057138), on May 07, 2026, and is solely responsible for the information contained therein.