OSI SYSTEMS,INC. (NASDAQ:OSIS) Files An 8-K Other EventsItem 8.01. Other Events.
On February 14, 2017, OSI Systems, Inc. (the “Company”), issued a press release announcing its intention to offer, subject to market and other conditions, $225 million principal amount of Convertible Senior Notes due in 2022 in a private offering to qualified institutional buyers to Rule 144A under the Securities Act of 1933, as amended. In addition, the Company expects to grant the initial purchasers for the offering an option to purchase up to an additional $33.75 million principal amount of notes from the Company to cover over-allotments. A copy of the press release is attached hereto as Exhibit 99.1 and is also incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
99.1 Press Release of OSI Systems, Inc. dated February 14, 2017
About OSI SYSTEMS, INC. (NASDAQ:OSIS)
OSI Systems, Inc., through its subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products and provides related services in diversified markets, including homeland security, healthcare, defense and aerospace. The Company operates in three segments, which include Security, which provides security and inspection systems, turnkey security screening solutions and related services; Healthcare, which provides patient monitoring, diagnostic cardiology, anesthesia delivery and ventilation systems and defibrillators, and Optoelectronics and Manufacturing, which provides electronic components and electronic manufacturing services for the Security and Healthcare divisions, as well as to external original equipment manufacturer (OEM) customers and end users for applications in the defense, aerospace, medical and industrial markets, among others. OSI SYSTEMS, INC. (NASDAQ:OSIS) Recent Trading Information
OSI SYSTEMS, INC. (NASDAQ:OSIS) closed its last trading session up +0.35 at 76.73 with 78,164 shares trading hands.
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