Cerence Inc.

08/26/2026 | Press release | Distributed by Public on 08/26/2026 06:00

Material Event (Form 8-K)

Item 8.01 Other Events.
On August 25, 2026, the Company entered into privately negotiated transactions with certain holders of its 1.50% Convertible Senior Notes due 2028 (the "Notes"), pursuant to which the Company agreed to repurchase $10 million aggregate principal amount of Notes from such holders at a cash repurchase price equal to 92.75% of their principal amount, together with the accrued and unpaid interest thereon to (but not including) the settlement date. The Company intends to cancel the repurchased Notes.
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