UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 | Other Events |
On June 24, 2022, Altair Engineering Inc. issued a press release announcing the closing of its private offering of convertible senior notes due 2027 with the exercise in full of the initial purchaser’s option to purchase additional convertible senior notes. A copy of the press release is filed herewith as Exhibit 99.1 to this Current Report and incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
Exhibit |
Exhibit | |
99.1 | Press Release issued by Altair Engineering Inc., dated June 24, 2022 | |
104 | Cover Page Interactive Date File (embedded within the Inline XRBL document) |
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SIGNATURE
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.
ALTAIR ENGINEERING INC. | ||||||
Dated: June 24, 2022 | By: | /s/ Matthew Brown | ||||
Name: | Matthew Brown | |||||
Title: | Chief Financial Officer |
Exhibit 99.1
Altair Announces Sale of $230 Million Aggregate Principal Amount of Convertible Senior Notes
TROY, Mich., June 24, 2022 /PRNewswire/ Altair Engineering Inc. (Nasdaq: ALTR) (Altair) today announced the closing of its private offering of convertible senior notes and the exercise in full of the initial purchasers option to purchase additional convertible senior notes. At a closing on June 14, 2022, Altair sold $200 million aggregate principal amount of 1.750% convertible senior notes due 2027 and at a closing on June 24, 2022, Altair sold an additional $30 million aggregate principal amount of such notes upon the initial purchasers exercise in full of its option.
About Altair (Nasdaq: ALTR)
Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world all while creating a greener, more sustainable future.
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