01—Abstract
Summary
Summary of the 8-K filed January 14, 2003. Cited figures are marked; the original filing is the authoritative source.
CIENA Corporation (CIEN) filed an 8-K report on January 14, 2003, to announce the expiration of its tender offer for the outstanding 5%a Convertible Subordinated Notes due October 15, 2005.
These notes were originally issued by ONI Systems Corp. and were assumed by CIENA following its acquisition of ONI Systems in June 2002. The tender offer expired on January 13, 2003.
This filing primarily serves to inform stakeholders about the conclusion of this offer, which was related to the integration of the ONI Systems acquisition. Investors should note that this event signals the end of the tender offer period for these specific notes, and further details regarding the outcome or any subsequent actions would likely be found in the referenced press release.
02—Key points
Key Highlights
- CIENA Corporation announced the expiration of its tender offer for ONI Systems Corp. 5% Convertible Subordinated Notes due October 15, 2005.
- The tender offer expired on January 13, 2003.
- The notes were originally issued by ONI Systems Corp. and assumed by CIENA after its acquisition in June 2002.
- The filing is an 8-K Current Report dated January 14, 2003.
- The press release attached as Exhibit 99.1 provides further details about the expiration of the tender offer.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to officially report the expiration of CIENA Corporation's tender offer for the 5% Convertible Subordinated Notes of ONI Systems Corp.
What happened to the ONI Systems notes?
CIENA Corporation acquired ONI Systems Corp. in June 2002, and as part of that acquisition, CIENA assumed ONI Systems' outstanding 5% Convertible Subordinated Notes due October 15, 2005. The tender offer was related to these assumed notes.
When did the tender offer expire?
The tender offer expired on January 13, 2003.
Where can I find more information about the tender offer's outcome?
Additional details regarding the expiration of the tender offer can be found in the press release dated January 14, 2003, which is attached as Exhibit 99.1 to this 8-K filing.
04—Continue