Opko Health Inc (OPK) has released an update.
OPKO Health, Inc. has terminated its Share Lending Agreement with Jefferies Capital Services, LLC, initially established in February 2019 for lending approximately 30 million shares of common stock. This was related to the issuance of $200 million in convertible promissory notes due in 2025. Following a reduction of the borrowed shares by about 8.3 million, the agreement ended on January 22, 2024, and all remaining shares were returned to OPKO Health to be held as treasury shares.
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