Omeros expects to complete repurchase of $16 million of 9.5% convertible notes due 2029 for about $31.3 million

Omeros Corporation

Omeros Corporation

OMER

0.00

  • Omeros expects to repurchase USD 16 million of its 9.50% Convertible Senior Notes due 2029 on July 6 for about USD 31.3 million, including accrued interest.
  • About USD 54.8 million of the notes will remain outstanding following the July 6 closing.
  • Privately negotiated deals signed July 2 target up to an additional USD 14.5 million principal for up to about USD 31 million, including accrued interest.
  • Those additional repurchases are expected to close between July 20 and July 30, subject to an averaging period tied to the common stock price.
  • If fully completed, remaining notes outstanding would fall to about USD 40.3 million.


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. Omeros Corporation 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: 0001552781-26-000377), on July 06, 2026, and is solely responsible for the information contained therein.