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    SEC Form 8-K filed by Stryker Corporation

    2/19/25 8:52:55 AM ET
    $SYK
    Medical/Dental Instruments
    Health Care
    Get the next $SYK alert in real time by email
    8-K
    STRYKER CORP false 0000310764 0000310764 2025-02-19 2025-02-19 0000310764 us-gaap:CommonStockMember 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes2.125Due2027Member 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes3.375Due2028Member 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes0.750Due2029Member 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes2.625Due2030Member 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes1.000Due2031Member 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes3.375Due2032Member 2025-02-19 2025-02-19 0000310764 syk:SeniorUnsecuredNotes3.625Due2036Member 2025-02-19 2025-02-19

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): February 19, 2025

     

     

     

    LOGO

    Stryker Corporation

    (Exact name of Registrant as Specified in Its Charter)

     

     

     

    Michigan   001-13149   38-1239739

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    1941 Stryker Way

    Portage, Michigan

        49002
    (Address of Principal Executive Offices)     (Zip Code)

    Registrant’s Telephone Number, Including Area Code: (269) 385-2600

    (Former Name or Former Address, if Changed Since Last Report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading

    Symbol(s)

     

    Name of each exchange

    on which registered

    Common Stock, $.10 Par Value   SYK   New York Stock Exchange
    2.125% Notes due 2027   SYK27   New York Stock Exchange
    3.375% Notes due 2028   SYK28   New York Stock Exchange
    0.750% Notes due 2029   SYK29   New York Stock Exchange
    2.625% Notes due 2030   SYK30   New York Stock Exchange
    1.000% Notes due 2031   SYK31   New York Stock Exchange
    3.375% Notes due 2032   SYK32   New York Stock Exchange
    3.625% Notes due 2036   SYK36   New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     


    Item 2.01

    Completion of Acquisition or Disposition of Assets

    On February 19, 2025, Stryker Corporation, a Michigan corporation (“Stryker”), and Eagle 1 Merger Sub, Inc., a Delaware corporation (“Merger Sub”) and a wholly owned subsidiary of Stryker, completed the acquisition of Inari Medical, Inc., a Delaware corporation (“Inari”), pursuant to the terms of the previously announced Agreement and Plan of Merger, dated as of January 6, 2025 (the “Merger Agreement”), among Stryker, Inari, and, following its execution and delivery of a joinder thereto on January 7, 2025, Merger Sub. At the closing, Merger Sub merged with and into Inari pursuant to Section 251(h) of the General Corporation Law of the State of Delaware, with Inari continuing as the surviving corporation. The total aggregate consideration paid by or on behalf of Stryker and Merger Sub in the transaction was approximately $4.94 billion in cash.

    The foregoing description of the Merger Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Merger Agreement, which Stryker filed as Exhibit 2.1 to its Current Report on Form 8-K dated January 7, 2025.


    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.

     

        STRYKER CORPORATION
        (Registrant)
    Dated: February 19, 2025     By:  

    /s/ Glenn S. Boehnlein

        Name:   Glenn S. Boehnlein
        Title:   Vice President, Chief Financial Officer
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