Fossil Group Inc Stock Price, News & Analysis

Fossil Group (NASDAQ: FOSL) updated creditors on access to evidence ahead of the Sanction Hearing under a UK court Convening Order related to its US$150,000,000 7.00% Senior Notes due November 30, 2026. A Plan Meeting for noteholders is scheduled for November 6, 2025; if approved, the Court will hold a Sanction Hearing at the Royal Courts of Justice on November 10, 2025 (time/location to be confirmed by November 7). The Plan Company’s evidence will be filed with the Court on November 7, 2025. Plan Creditors may request court-filed evidence via Epiq Corporate Restructuring and access the Explanatory Statement and prospectuses on EDGAR.

Fossil Group (NASDAQ: FOSL) announced that Fossil (UK) Global Services Ltd will hold a creditor Plan Meeting on November 6, 2025 to consider a Restructuring Plan under Part 26A of the Companies Act 2006 for the US$150,000,000 7.00% Senior Notes due November 30, 2026. Plan materials, a redline of the Explanatory Statement, and registration details are available at https://dm.epiq11.com/fossil and on EDGAR. The Record Date for voting was October 27, 2025. If approved, a Court Sanction Hearing is expected on November 10, 2025. Plan creditors must register and follow voting deadlines by November 3, 2025. The company filed S-3 and S-4 registration statements and a prospectus dated September 25, 2025 with a supplement dated October 16, 2025.

Fossil Group (NASDAQ: FOSL) will report third quarter 2025 financial results after market close on Thursday, November 13, 2025.

The company will host a conference call to discuss results the same day at 5:00 p.m. ET. The call will be available live and archived on the company’s investor relations site at www.fossilgroup.com/investors.

Fossil (NASDAQ: FOSL) announced that it received requisite consents to adopt UK Proceeding Amendments and that Fossil (UK) Global Services Ltd will proceed with an English law restructuring plan under Part 26A of the Companies Act 2006.

The company executed a supplemental indenture changing the Old Notes' governing law to England and Wales. As of the Exchange Offer expiration on October 22, 2025, holders validly tendered $124,010,125 (82.67%) of the $150,000,000 aggregate outstanding Old Notes, below the 90% minimum; the Exchange Offer, Consent Solicitation and Rights Offering were extended to 5:00pm NY time on November 10, 2025.

Fossil Group (NASDAQ:FOSL) announced a Court-ordered restructuring plan meeting for holders of the $150 million 7.00% Senior Notes due 30 November 2026. A Convening Order dated 15 October 2025 calls the Plan Meeting for 6 November 2025 (2:00 p.m. London / 9:00 a.m. NYC). The Record Date for voting is 27 October 2025; voting instructions deadline is 3 November 2025 at 10:00 p.m. London / 5:00 p.m. NYC.

The Restructuring Plan will be subject to Court sanction at a Sanction Hearing expected on 10 November 2025. Explanatory materials and the Prospectus (dated 25 September 2025) are available on the Plan Website and via the Information Agent.

Fossil (NASDAQ: FOSL) extended the expiration of its Exchange Offer, Consent Solicitation and Rights Offering from 5:00pm NYC on Oct 15, 2025 to 5:00pm NYC on Oct 22, 2025. As of 5:00pm on Oct 15, 2025, $113,057,875 of the 7.00% Senior Notes due 2026 had been validly tendered—75.37% of the $150,000,000 aggregate outstanding principal.

The company will proceed with its UK Proceeding on the disclosed schedule: a Plan Meeting on Nov 6, 2025 and a potential sanction hearing on Nov 10, 2025. Fossil said it is not currently pursuing an IPO of a subsidiary in India and reminded investors the Exchange Offer and related transactions are described in its Form S-3 and S-4 registration statements.

Fossil Group (NASDAQ: FOSL) announced that Fossil (UK) Global Services Ltd has launched a Restructuring Plan under Part 26A of the UK Companies Act in respect of the 7.00% Senior Notes due 2026. A Convening Hearing in the High Court of Justice of England and Wales is scheduled no earlier than 10:00 a.m. London time on October 15, 2025 to seek directions and permission to convene a Plan creditor meeting.

The company filed registration statements on Form S-3 (File No. 333-290139) and Form S-4 (File No. 333-290141) with the SEC; prospectus materials are available on EDGAR and the Plan website.

Fossil (NASDAQ: FOSL) extended its Exchange Offer, Consent Solicitation and concurrent Rights Offering deadline from 5:00pm ET on Oct 7, 2025 to 5:00pm ET on Oct 15, 2025. The company plans to proceed with the previously disclosed UK Proceeding schedule, including a Convening Hearing on Oct 15, 2025, and may make corresponding indenture amendments prior to a definitive determination under the Transaction Support Agreement.

As of 5:00pm ET on Oct 7, 2025, $107,920,500 of the Old Notes had been validly tendered, representing 71.95% of $150,000,000 outstanding; $102,078,075 came from new-money participants (68.05%). Registration Statements on Form S-3 and S-4 have been filed with the SEC.

Fossil Group (NASDAQ:FOSL) has launched a comprehensive debt restructuring initiative involving three key components: an Exchange Offer, a Consent Solicitation, and a Rights Offering. The company is offering to exchange all outstanding 7.00% Senior Notes due 2026 for new secured notes with varying terms.

The Exchange Offer includes two options: 9.500% First-Out First Lien Secured Senior Notes due 2029 for holders participating in new money financing, or 7.500% Second-Out Second Lien Secured Senior Notes due 2029 for non-participants. Both options include warrants. Supporting holders, representing 60% of existing notes, have already committed to the restructuring through a Transaction Support Agreement.

The transaction includes a $32.5 million New Money Financing component, with $12.9 million offered to general holders and $19.6 million allocated to supporting holders. The deadline for participation is set for October 7, 2025.