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MannKind Announces Settlement of Convertible Senior Notes

AI Briefing

  • MannKind Corporation settles $36.3 million of convertible senior notes with $35.5 million in cash and 569,023 shares of common stock.
  • The settlement marks the completion of the tender offer for the remaining notes.
  • The conversion of the notes was completed prior to the maturity date of March 1, 2026.
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