ACCURAY INCORPORATED (NASDAQ:ARAY) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On January3, 2018, Accuray Incorporated (“Accuray”) issued a press release announcing its irrevocable election to the indenture dated as of April24, 2014 (the “SeriesA Indenture”) with respect to its 3.50% SeriesA Convertible Senior Notes due February1, 2018 (the “SeriesA Notes”) to pay cash up to $1,000 for each $1,000 principal amount of SeriesA Notes converted and deliver shares of its common stock for the conversion value, if any, in excess of $1,000 (other than cash in lieu of any fractional share) (the “Net Share Settlement Election”). Holders of the SeriesA Notes may convert their notes at any time prior to close of business on the business day immediately preceding February1, 2018. Accuray will pay holders who do not convert their SeriesA Notes principal plus accrued and unpaid interest in cash on February1, 2018.
The press release related to the Net Share Settlement Election is furnished as Exhibit99.1 to this Current Report on Form8-K. In accordance with General Instruction B.2 of Form8-K, the information in Exhibit99.1 and in this Item shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.