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AI brief of an SEC Form 8-K · Cerence Inc. (CRNC)

Cerence to repurchase $10 million of its 2028 convertible notes at 92.75% of principal

Neutral Impact 2 of 5 financing Written later

Cerence Inc. said on August 25, 2026, it agreed in privately negotiated deals to buy back $10 million of principal of its 1.50% Convertible Senior Notes due 2028 from certain holders. The repurchase price is 92.75% of principal plus accrued and unpaid interest, and the company plans to cancel the repurchased notes, which reduces its outstanding convertible debt by that amount.

Key points

  • Repurchase size: $10 million aggregate principal amount of the 1.50% Convertible Senior Notes due 2028
  • Cash repurchase price: 92.75% of principal amount, plus accrued and unpaid interest to the settlement date
  • Agreements entered into August 25, 2026; the company intends to cancel the repurchased notes

The filing

CompanyCerence Inc. (CRNC)
Form8-K, current report
Filed with the SECAug 26, 2026, 8:00 AM ET
Accession number0001628280-26-058988

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 26, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.