Company: STAA
Filing Date: 2025-11-07
Form Type: 8-K
Source: 0001193125-25-271708
Chunk: 0

Company: STAAR SURGICAL CO
Filing Date: 2025-11-07
Form: 8-K
Item: Item 1.01
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Item 1.01.      Entry into a Material Definitive Agreement.  

On November 7, 2025, STAAR Surgical Company (the “ Company”) entered into Amendment No. 1 (the “ Amendment”) to the Agreement and Plan of Merger, dated August 4, 2025 (the “ Merger Agreement” and as amended by the Amendment, the “ Amended Merger Agreement”), with Alcon Research, LLC (“ Alcon”) and Rascasse Merger Sub, Inc. (“ Merger Sub”).

The Amendment provides that from November 7, 2025 until 11:59 p. m. (Eastern Time) on December 6, 2025 (the“go-shopperiod”), the Company may solicit, facilitate and encourage (including by furnishing non-publicinformation) any Acquisition Proposals (as defined in the Amended Merger Agreement) from third parties and engage in discussions or negotiations regarding any such proposals. The Amendment further provides that at the end of the go-shopperiod, the non-solicitationrestrictions in the Amended Merger Agreement will become applicable, but the Company may solicit, negotiate and facilitate proposals from any third party who has submitted a written proposal that the Company’s board of directors determines in good faith, after consultation with financial advisors and outside legal counsel, constitutes or could reasonably be expected to lead to or result in a Superior Offer (as defined in the Merger Agreement). At the end of the go-shopperiod, the Company must notify Alcon of any Acquisition Proposals received during the go-shopperiod that remain pending following the expiration of the go-shopperiod, but the Company is not required during the go-shopperiod to notify Alcon of any proposals it receives.

In addition, the Amendment provides that, prior to terminating the Amended Merger Agreement pursuant to Section 8.1(e) in order to accept a Superior Offer, the Company must, among other things, give Alcon prior written notice of its intent to terminate at least four (4) business days prior to such termination. However, the Company will not be required to negotiate with Alcon, and Alcon will not have a right to “match” such Superior Offer. In the event that the Termination Fee (as defined in the Amended Merger Agreement) becomes payable by the Company to Alcon (i) pursuant to Section 8.3(b)(i) as a result of a termination by the Company in order to accept a