On September 24, 2025, Cohu Inc. reported that it issued $287.5 million of 1.50% Convertible Senior Notes due January 15, 2031, with net proceeds of approximately $278.9 million. The notes allow for conversion of up to 14 million shares of common stock at a conversion price of about $27.18 per share, representing a 32.5% premium over the last closing price.