Company: STAA
Filing Date: 2025-08-05
Form Type: 8-K
Source: 0001193125-25-173090
Chunk: 1

Company: STAAR SURGICAL CO
Filing Date: 2025-08-05
Form: 8-K
Item: Item 1.01
Chunk 1
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1976, as amended, and certain other specified regulatory approvals (the “ Requisite Regulatory Approvals”); (4) the accuracy of the other party’s representations and warranties, subject to certain materiality standards set forth in the Merger Agreement; and (5) compliance by the other party in all material respects with such other party’s obligations under the Merger Agreement. In addition, Alcon’s and Merger Sub’s obligation to consummate the transactions contemplated by the Merger Agreement are subject to the satisfaction or waiver of a condition that there has not occurred a material adverse effect on the Company since the date of the Merger Agreement that is continuing. The availability of financing is not a condition to the consummation of the Merger.

Representations and Warranties; Covenants

The Merger Agreement contains customary representations and warranties given by the Company, Alcon and Merger Sub. The Merger Agreement also contains customary pre-closingcovenants, including covenants by the Company relating to the conduct of its business prior to the Effective Time. In addition, the parties have agreed to use their respective reasonable best efforts to take all actions necessary, proper or advisable to complete the Merger and the other transactions contemplated by the Merger Agreement as promptly as practicable, including obtaining third-party approvals necessary to complete the Merger and obtaining certain regulatory approvals.

The Merger Agreement also provides that the Company is subject to certain restrictions on its ability to solicit alternative acquisition proposals from third parties, to provide information to third parties and to engage in discussions with third parties regarding alternative acquisition proposals, subject to customary exceptions. In addition, the Board is required to recommend that its respective stockholders vote in favor of the transaction, subject to exceptions for superior proposals and other situations where failure to effect a recommendation change would be inconsistent with the Board’s fiduciary duties.

The Merger Agreement provides that, following the Effective Time, the Company Common Stock will be delisted from NASDAQ and deregistered under the Securities Exchange Act of 1934, as amended.

Termination and Termination Fees

Either the Company or Alcon may terminate the Merger Agreement under certain circumstances, including if (1) the Merger is not completed by August 4, 2026, subject to a three-month extension in certain circumstances in the event that the Requisite Regulatory Approvals have not been obtained or a legal restraint in certain specified jurisdictions prohibits consummation of the Merger (the “ End Date”), (2) the Company’s stockholders