8-KRegulation FDOther EventsExhibits & Filings

COHERENT CORP. 8-K Report, Regulation FD Disclosure (Jun 30, 2020)

Filed June 30, 2020For Securities:COHR

Summary

Coherent Corp. (formerly II-VI Incorporated) filed an 8-K on June 30, 2020, primarily to disclose an investor presentation and announce its intention to raise capital through public offerings. The company plans to offer $350 million in common stock and $400 million in Series A Mandatory Convertible Preferred Stock. These offerings are intended to strengthen the company's financial position and support its strategic initiatives. Investors should note that the investor presentation (Exhibit 99.1) and the press release (Exhibit 99.2) provide additional details on the company's performance, strategy, and the terms of the proposed offerings. While the information is furnished and not deemed 'filed' under certain SEC provisions, it offers crucial insights into the company's capital raising plans and forward-looking statements.

Key Highlights

  • 1Coherent Corp. announced its intention to conduct concurrent underwritten public offerings.
  • 2The company plans to raise $350 million through the issuance of newly issued shares of common stock.
  • 3An additional $400 million is targeted through the sale of Series A Mandatory Convertible Preferred Stock.
  • 4An investor presentation titled "II-VI Investor Presentation June 2020" was made available.
  • 5A press release dated June 30, 2020, details the proposed capital offerings.
  • 6The information provided is furnished under Regulation FD and is not considered 'filed' for certain legal liabilities.

Frequently Asked Questions

The 8-K filing indicates Coherent Corp. (then II-VI Incorporated) intended to raise capital through public offerings to strengthen its financial position and support its strategic initiatives. Specific details on the use of proceeds would likely be found in the investor presentation and press release.

The company announced its intention to offer $350 million of its common stock and $400 million of its Series A Mandatory Convertible Preferred Stock.

More details can be found in the "II-VI Investor Presentation June 2020" (Exhibit 99.1) and the press release dated June 30, 2020 (Exhibit 99.2), both attached to the 8-K filing.

According to the filing, the information provided under Item 7.01 (Regulation FD Disclosure) and Exhibit 99.1, as well as Exhibit 99.2, is furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into other filings.