8-KThe WireStrategic
Material Agreement
Filed Feb 26, 2026 · 4mo ago · Accession 0001104659-26-020509
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗Common Shares, Without Par Value
ABT
NYSE Texas [Member]
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
February 23, 2026
Date of Report (Date of earliest event reported)
ABBOTT LABORATORIES
(Exact name of Registrant as specified in
its charter)
Illinois
1-2189
36-0698440
(State or other
Jurisdiction of
(Commission file number)
(I.R.S. Employer Identification
Incorporation)
Number)
100 Abbott Park Road
Abbott Park , Illinois 60064-6400
(Address of principal executive offices) (Zip
code)
Registrant’s telephone number, including
area code: ( 224 ) 667-6100
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
Shares, Without Par Value
ABT
New
York Stock Exchange
NYSE Texas
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 1.01. Entry into a Material Definitive Agreement
On February 23, 2026, Abbott Laboratories (“Abbott”)
entered into a pricing agreement (the “Pricing Agreement”), dated February 23, 2026, by and among Abbott, Morgan Stanley &
Co. LLC, Barclays Capital Inc., BofA Securities, Inc. and J.P. Morgan Securities LLC, for themselves and as representatives of the several
other underwriters named therein (the “Underwriters”), pursuant to which Abbott agreed to issue and sell $20,000,000,000 aggregate
principal amount of senior notes, consisting of $1,000,000,000 aggregate principal amount of its Floating Rate Notes due 2029 (the “Floating
Rate Notes”), $2,250,000,000 aggregate principal amount of its 3.700% Notes due 2029 (the “2029 Notes”), $2,500,000,000
aggregate principal amount of its 4.000% Notes due 2031 (the “2031 Notes”), $2,750,000,000 aggregate principal amount of its
4.300% Notes due 2033 (the “2033 Notes”), $3,750,000,000 aggregate principal amount of its 4.650% Notes due 2036 (the “2036
Notes”), $2,000,000,000 aggregate principal amount of its 4.750% Notes due 2038 (the “2038 Notes”), $3,750,000,000 aggregate
principal amount of its 5.500% Notes due 2056 (the “2056 Notes”) and $2,000,000,000 aggregate principal amount of its 5.600%
Notes due 2066 (the “2066 Notes” and, together with the 2029 Notes, the 2031 Notes, the 2033 Notes, the 2036 Notes, the 2038
Notes and the 2056 Notes, the “Fixed Rate Notes” and the Fixed Rate Notes together with the Floating Rate Notes, the “Notes”).
The Pricing Agreement includes customary representations,
warranties and covenants by Abbott. It also provides for customary indemnification by each of Abbott and the respective Underwriters against
certain liabilities and customary contribution provisions in respect of those liabilities.
Each series of Notes were offered pursuant to the Prospectus Supplement
dated February 23, 2026, filed with the Securities and Exchange Commission (the “SEC”) on February 25, 2026 (the “Prospectus
Supplement”), and the Prospectus dated February 23, 2026, filed as part of the shelf registration statement (File No. 333-293636)
that became effective under the Securities Act of 1933, as amended, when filed with the SEC on February 23, 2026. The terms of the Notes
are further described in the Prospectus Supplement. The closing of the sale of the Notes is expected to occur on March 9, 2026, subject
to customary closing conditions.
Abbott intends
to use the net proceeds from the Notes offering, together with cash on hand and/or additional borrowings (which may include, among other
things, issuances of commercial paper), to fund the consideration for the acquisition of Exact Sciences Corporation (“Exact Sciences”),
to repay certain indebtedness of Exact Sciences, to pay related fees and expenses, and for general corporate purposes, which may include,
without limitation, the repayment of indebtedness.
Please refer to the Prospectus Supplement for additional
information regarding the Notes offering and the terms and conditions of the Notes. The foregoing summary of the Pricing Agreement does
not purport to be complete and is qualified in its entirety by reference to the full text of the Pricing Agreement filed as Exhibit 1.1
hereto and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No.
Description
1.1
Pricing Agreement.
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).
Forward-Looking Statements
This communication contains
forward-looking statements about, among other things, the proposed acquisition of Exact Sciences by Abbott, the expected closing date
of the offering of the Notes and the use of proceeds therefrom. Forward-looking statements involve substantial risks and uncertainties
that could cause actual results to differ materially from those expressed or implied by such statements. Abbott cautions that these forward-looking
statements are subject to risks and uncertainties, including the risks related to the proposed acquisition of Exact Sciences, that may
cause actual results to differ materially from those indicated in the forward-looking statements.
You should carefully
consider the foregoing and the other risks and uncertainties that affect the business of Abbott described in the “Risk Factors”
section in each of the Prospectus Supplement, Abbott’s Annual Report on Form 10-K for the year ended December 31, 2025, and Abbott’s
other reports filed with the SEC. Free copies of these documents may be obtained from the SEC’s website at www.sec.gov. Forward-looking
statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and
Abbott undertakes no obligation, and does not intend, to release publicly any revisions to forward-looking statements as a result of subsequent
events or developments or otherwise, except as required by law.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
ABBOTT LABORATORIES
Date: February 26, 2026
By:
/s/ Philip P. Boudreau
Philip P. Boudreau
Executive Vice President, Finance and Chief Financial
Officer
Filing details
- Company
- ABBOTT LABORATORIES
- Ticker
- ABT
- CIK
- 1800
- Form type
- 8-K
- Filing date
- Feb 26, 2026
- Report date
- Feb 23, 2026
- Document
- tm264905d7_8k.htm
- Size
- 563 KB