Nuance Announces Agreements to Issue 17.9 million Shares of its Common Stock in Exchange for $354.8 million of its 1.00% Senior Convertible Debentures due 2035 and $64.9 million of its 1.50% Senior Convertible Debentures due 2035
BURLINGTON, Mass., May 26, 2021 /PRNewswire/ -- Nuance Communications, Inc. (Nasdaq: NUAN) (the "Company") today announced that it entered into privately negotiated agreements with certain investors to exchange (i) an aggregate of 14.7 million shares of the Company's common stock and $4.0 million in cash for $354.8 million principal amount of its outstanding [...]