{"url_path":"/sec/omer/8-k/2026-07-06/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-06","source_url":"https://www.sec.gov/Archives/edgar/data/1285819/0001552781-26-000377-index.html","accession_number":"0001552781-26-000377","cik":"0001285819","ticker":"OMER","issuer_name":"OMEROS CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1285819/0001552781-26-000377-index.html","primary_entity_key":"0001285819","primary_entity_name":"OMEROS CORP"},"word_count":355,"has_tables":true,"body_markdown":"**Item 8.01 Other Events.**\n\n*Expected Completion of Previously Disclosed**Note Repurchases*\n\nAs\npreviously disclosed, on June 17, 2026, Omeros Corporation (the “Company”) entered into privately negotiated\nagreements with certain holders of its 9.50% Convertible Senior Notes due 2029 (the “Notes”) under which the Company\nagreed to repurchase a portion of the outstanding Notes. The applicable averaging period has been completed and the Company expects\nto complete the repurchase of $16.0 million aggregate principal amount of Notes on July 6, 2026, for a total purchase price, inclusive\nof accrued and unpaid interest and all other obligations, of approximately $31.3 million. An aggregate principal amount of approximately\n$54.8 million of Notes will remain outstanding following completion of the repurchases.\n\n*Agreements to Repurchase Additional Notes*\n\nOn\nJuly 2, 2026, the Company entered into privately negotiated agreements with the same holders\nof the Notes referenced above under which the Company agreed to repurchase additional Notes having an aggregate principal amount\nof up to approximately $14.5 million for a total purchase price, inclusive of accrued and unpaid interest and all other obligations,\nof up to approximately $31.0 million, subject in each case to adjustment based on the trading price of the Company’s common stock\nduring an averaging period beginning on July 6, 2026, and customary closing conditions. The Company expects these additional repurchases\nto close between July 20, 2026 and July 30, 2026, following the completion of the averaging period. If the full $14.5 million aggregate\nprincipal amount of Notes is repurchased, approximately $40.3 million aggregate principal amount of Notes will remain outstanding following\nthe additional repurchases.\n\nThe Company may seek to\nreplace some or all of the cash used to repurchase the Notes with unsecured or limited-collateral debt financing(s) that would not be\nconvertible into, or otherwise linked to, the Company's equity securities.\n\n \n\n \n\n \n\n**SIGNATURES**\n\nPursuant to the requirements of the Securities\nExchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n \n \n\n \n**OMEROS CORPORATION**\n\n \n \n \n\nDate: July 6, 2026\nBy:\n/s/ Gregory A. Demopulos\n\n \n \nGregory A. Demopulos, M.D.\n\n \n \nPresident, Chief Executive Officer and\n\n \n \nChairman of the Board of Directors"}