Integer Holdings Corp Announces Conversion Period for Convertible Notes
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PLANO, Texas, Oct. 02, 2026 /CourierPR/ -- Integer Holdings Corporation, a leading medical device contract development and manufacturing organization, has announced the conversion period for its 2.125% Convertible Senior Notes due 2028. The company notified holders that the Notes are convertible, at the option of the holders, beginning on October 1, 2026, and ending at the close of business on December 31, 2026.
The decision to make the Notes convertible was based on the performance of the company's common stock. Specifically, the last reported sale price of shares of the company's common stock was greater than 130% of the conversion price on at least 20 trading days during the period of 30 consecutive trading days ending on, and including, the last trading day of the calendar quarter ended September 30, 2026.
The conversion rate for the Notes is set at 11.4681 shares of common stock per $1,000 principal amount of Notes. This equates to a conversion price of approximately $87.20 per share of common stock. Integer Holdings Corporation has issued a notice to holders with respect to the Conversion Option, specifying the applicable terms, conditions, and procedures. The notice is available through The Depository Trust Company or by requesting a copy from Wilmington Trust, National Association, which is serving as the conversion agent. The address for Wilmington Trust, National Association is 1310 Silas Deane Highway, Wethersfield, CT 06109, Attn: Integer Holdings Corporation Notes Administrator.
It is important to note that the Company, its Board of Directors, or its employees have made no representation or recommendation to any holder as to whether to exercise or refrain from exercising the Conversion Option.
This press release is not an offer to sell, nor a solicitation of an offer to buy securities, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.