HARROW, INC. 8-K

What Happened
Harrow, Inc. announced it entered into a purchase agreement (dated March 24, 2026) with BTIG, LLC as representative of the initial purchasers and completed a private offering of $50.0 million aggregate principal amount of additional 8.625% Senior Notes due 2030. On March 27, 2026, Harrow, the subsidiary guarantors and U.S. Bank Trust Company, National Association (trustee) executed a First Supplemental Indenture to issue the new notes as additional notes under the same indenture governing the company’s existing $250.0 million 8.625% Senior Notes due 2030 (issued September 12, 2025); the new notes will form a single series with the existing notes, differing only by issuance date and issue price.

Key Details

• Aggregate principal amount: $50.0 million of additional 8.625% Senior Notes due 2030.
• Purchase agreement date: March 24, 2026; First Supplemental Indenture executed: March 27, 2026.
• Net proceeds to Harrow: approximately $48.7 million after initial purchaser discounts and estimated offering expenses/fees.
• Offering type: private placements to qualified institutional buyers under Rule 144A and to non‑U.S. persons offshore under Regulation S; BTIG, LLC acted as representative; Harrow agreed to customary indemnities and covenants.

Why It Matters
This transaction increases Harrow’s secured debt under its existing senior note indenture, creating an additional direct financial obligation of $50.0 million while keeping the new notes on the same terms as the existing 2030 notes. Investors should note the interest rate (8.625%) and that net proceeds—about $48.7M—are earmarked for general corporate purposes, including product launches, development, and strategic opportunities. The filing also contains standard forward‑looking cautionary language about use of proceeds and related risks.