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Form: 8-K

Current report filing

January 24, 2024

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 22, 2024
˹.
(Exact Name of Registrant as Specified in its Charter)
Delaware
001-33528
75-2402409
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
4400 Biscayne Blvd.
Miami,
Florida
33137
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: (305)575-4100
Not Applicable
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.01 per share
OPK
NASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐



ITEM 8.01.
Other Events.
Effective January 22, 2024, ˹. (the “Company”) terminated its sharelendingagreement, dated as of February 4, 2019 (the “ShareLendingAgreement”), entered into with Jefferies Capital Services, LLC (the “Share Borrower”), pursuant to which the Company lent to the Share Borrower approximately 30 million shares of its common stock, par value $0.01 per share in connection with the 2019 issuance of its $200.0 million aggregate principal amount of convertible promissory notes due 2025.The amount of outstanding borrowed shares was subsequently reduced by approximately 8,313,000 shares and, concurrent with the termination of the Share Lending Agreement, all shares have been returned to the Company to be held as treasury shares.

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
˹.
By:
/s/ Steven D. Rubin
Date: January 24, 2024
Name:
Steven D. Rubin
Title:
Executive Vice President-Administration