STOCK TITAN

[DFAN14A] STAAR SURGICAL CO SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
DFAN14A
Rhea-AI Filing Summary

STAAR Surgical (STAA): Broadwood Partners filed a definitive additional proxy solicitation (DFAN14A) alongside Amendment No. 39 to Schedule 13D and disclosed plans to call a separate special meeting to remove several directors. Broadwood reported beneficial ownership of 13,519,491 shares, representing 27.4% of STAAR’s common stock.

The filing highlights an already scheduled special meeting on October 23, 2025, where shareholders will vote on a Merger Agreement Proposal and a Compensation Proposal. Broadwood is soliciting proxies on the GREEN card and has stated its opposition to the proposed acquisition by Alcon. The potential director-removal meeting would be separate and unrelated to the October 23 meeting.

STAAR Surgical (STAA): Broadwood Partners ha presentato una sollecitazione definitiva aggiuntiva di proxy (DFAN14A) insieme all'Emendamento n. 39 al Schedule 13D e ha comunicato piani per convocare separatamente una riunione speciale per rimuovere diversi amministratori. Broadwood ha riportato una proprietà beneficiaria di 13.519.491 azioni, pari al 27,4% delle azioni ordinarie di STAAR.

La presentazione evidenzia una riunione speciale già programmata il 23 ottobre 2025, in cui gli azionisti voteranno su una Proposta di Accordo di Fusione e su una Proposta di Remunerazione. Broadwood sta sollecitando deleghe sulla scheda GREEN e ha espresso la sua opposizione all'acquisizione proposta da Alcon. La possibile riunione per la rimozione dei consiglieri sarebbe separata e non correlata alla riunione del 23 ottobre.

STAAR Surgical (STAA): Broadwood Partners presentó una solicitud definitiva adicional de proxy (DFAN14A) junto con la Enmienda No. 39 al Schedule 13D y comunicó planes para convocar una reunión especial separada para destituir a varios directivos. Broadwood reportó una propiedad beneficiaria de 13.519.491 acciones, que representan el 27,4% de las acciones comunes de STAAR.

La presentación destaca una reunión especial ya programada para el 23 de octubre de 2025, en la que los accionistas votarán sobre una Propuesta de Acuerdo de Fusión y una Propuesta de Compensación. Broadwood está solicitando delegaciones con la tarjeta GREEN y ha expresado su oposición a la adquisición propuesta por Alcon. La posible reunión para destituir directores sería separada y no relacionada con la reunión del 23 de octubre.

STAAR Surgical (STAA): Broadwood Partners는 Schedule 13D의 Amendment No. 39와 함께 Definitive Additional Proxy Solicitation(DFAN14A)을 제출했고 여러 이사를 물러나게 할 별도의 특별 회의를 소집할 계획을 밝혔습니다. Broadwood는 STAAR의 보통주 1,351만 9,491주를 유익하게 소유하고 있어 27.4%에 해당합니다.

제출서는 이미 2025년 10월 23일로 예고된 특별 회의를 강조하고 있으며, 그 회의에서 주주들은 합병 계약 제안과 보상 제안에 대해 표결할 예정입니다. Broadwood는 GREEN 카드로 의결권 위임장을 모집하고 있으며 Alcon이 제안한 인수에 반대하고 있습니다. 이사회 해임 가능성을 위한 회의는 10월 23일 회의와는 별개이며 무관합니다.

STAAR Surgical (STAA): Broadwood Partners a déposé une sollicitation d proxy additionnelle définitive (DFAN14A) aux côtés de l’Amendement n° 39 au Schedule 13D et a annoncé des plans pour convoquer une réunion extraordinaire distincte afin de destituer plusieurs administrateurs. Broadwood a déclaré une propriété bénéficiaire de 13 519 491 actions, représentant 27,4% des actions ordinaires de STAAR.

Le dossier met en évidence une réunion extraordinaire déjà prévue le 23 octobre 2025, au cours de laquelle les actionnaires voteront sur une Propos de Accord de Fusion et une Propos de Rémunération. Broadwood sollicite des procurations sur la carte GREEN et a exprimé son opposition à l’acquisition proposée par Alcon. La potentielle réunion de destitution des administrateurs serait séparée et non liée à la réunion du 23 octobre.

STAAR Surgical (STAA): Broadwood Partners legte eine endgültige zusätzliche Proxy-Erhebung (DFAN14A) neben Amendment Nr. 39 zu Schedule 13D vor und teilte mit, eine separate Sondersitzung abzuhalten, um mehrere Direktoren abzusetzen. Broadwood meldete einen wirtschaftlich berechtigten Besitz von 13.519.491 Aktien, was 27,4% der Stammaktien von STAAR entspricht.

Die Einreichung hebt eine bereits terminierte Sondersitzung am 23. Oktober 2025 hervor, in der die Aktionäre über einen Vorschlag zum Fusionsabkommen und einen Vergütungs-Vorschlag abstimmen werden. Broadwood bittet um Stimmrechtsvertretungen auf der GREEN-Karte und hat seine Ablehnung der von Alcon vorgeschlagenen Übernahme erklärt. Die potenzielle Sitzung zur Absetzung von Direktoren wäre separat und nicht mit der Sitzung am 23. Oktober verbunden.

STAAR Surgical (STAA): قدمت Broadwood Partners طلب توكيل إضافي حاسم (DFAN14A) جنبًا إلى جانب التعديل رقم 39 على الجدول 13D وكشفت عن خطط لعقد اجتماع خاص منفصل لإقالة عدة مديرين. أفادت Broadwood بملكية فاعلة قدرها 13,519,491 سهماً، تمثل 27.4% من أسهم STAAR العادية.

يسلط الإيداع الضوء على اجتماع خاص مُقرر بالفعل في 23 أكتوبر 2025، حيث سيصوت المساهمون على اقتراح اتفاق الدمج واقتراح التعويض. تقيم Broadwood التوكيلات باستخدام بطاقة GREEN وقد عبرت عن معارضتها للاستحواذ المقترح من شركة Alcon. الاجتماع المحتمل لإقالة directors سيكون منفصلاً وغير مرتبط باجتماع 23 أكتوبر.

Positive
  • None.
Negative
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Insights

Large holder challenges board and Alcon deal; outcome hinges on votes.

Broadwood, holding 27.4% of STAAR, is running a proxy campaign against the Alcon transaction and intends to call a separate special meeting to remove several directors. A large, aligned stake can materially influence proxy outcomes, particularly in closely contested votes.

The near-term milestone is the shareholder vote on October 23, 2025 covering the Merger Agreement Proposal and a Compensation Proposal. A second, separate removal meeting is contemplated but not yet called. Actual impact depends on how other shareholders vote and whether the follow-on meeting is convened.

Key items to track are shareholder voting results on October 23, 2025 and any subsequent filings formally noticing a director-removal meeting, including the slate and proposals presented.

STAAR Surgical (STAA): Broadwood Partners ha presentato una sollecitazione definitiva aggiuntiva di proxy (DFAN14A) insieme all'Emendamento n. 39 al Schedule 13D e ha comunicato piani per convocare separatamente una riunione speciale per rimuovere diversi amministratori. Broadwood ha riportato una proprietà beneficiaria di 13.519.491 azioni, pari al 27,4% delle azioni ordinarie di STAAR.

La presentazione evidenzia una riunione speciale già programmata il 23 ottobre 2025, in cui gli azionisti voteranno su una Proposta di Accordo di Fusione e su una Proposta di Remunerazione. Broadwood sta sollecitando deleghe sulla scheda GREEN e ha espresso la sua opposizione all'acquisizione proposta da Alcon. La possibile riunione per la rimozione dei consiglieri sarebbe separata e non correlata alla riunione del 23 ottobre.

STAAR Surgical (STAA): Broadwood Partners presentó una solicitud definitiva adicional de proxy (DFAN14A) junto con la Enmienda No. 39 al Schedule 13D y comunicó planes para convocar una reunión especial separada para destituir a varios directivos. Broadwood reportó una propiedad beneficiaria de 13.519.491 acciones, que representan el 27,4% de las acciones comunes de STAAR.

La presentación destaca una reunión especial ya programada para el 23 de octubre de 2025, en la que los accionistas votarán sobre una Propuesta de Acuerdo de Fusión y una Propuesta de Compensación. Broadwood está solicitando delegaciones con la tarjeta GREEN y ha expresado su oposición a la adquisición propuesta por Alcon. La posible reunión para destituir directores sería separada y no relacionada con la reunión del 23 de octubre.

STAAR Surgical (STAA): Broadwood Partners는 Schedule 13D의 Amendment No. 39와 함께 Definitive Additional Proxy Solicitation(DFAN14A)을 제출했고 여러 이사를 물러나게 할 별도의 특별 회의를 소집할 계획을 밝혔습니다. Broadwood는 STAAR의 보통주 1,351만 9,491주를 유익하게 소유하고 있어 27.4%에 해당합니다.

제출서는 이미 2025년 10월 23일로 예고된 특별 회의를 강조하고 있으며, 그 회의에서 주주들은 합병 계약 제안과 보상 제안에 대해 표결할 예정입니다. Broadwood는 GREEN 카드로 의결권 위임장을 모집하고 있으며 Alcon이 제안한 인수에 반대하고 있습니다. 이사회 해임 가능성을 위한 회의는 10월 23일 회의와는 별개이며 무관합니다.

STAAR Surgical (STAA): Broadwood Partners a déposé une sollicitation d proxy additionnelle définitive (DFAN14A) aux côtés de l’Amendement n° 39 au Schedule 13D et a annoncé des plans pour convoquer une réunion extraordinaire distincte afin de destituer plusieurs administrateurs. Broadwood a déclaré une propriété bénéficiaire de 13 519 491 actions, représentant 27,4% des actions ordinaires de STAAR.

Le dossier met en évidence une réunion extraordinaire déjà prévue le 23 octobre 2025, au cours de laquelle les actionnaires voteront sur une Propos de Accord de Fusion et une Propos de Rémunération. Broadwood sollicite des procurations sur la carte GREEN et a exprimé son opposition à l’acquisition proposée par Alcon. La potentielle réunion de destitution des administrateurs serait séparée et non liée à la réunion du 23 octobre.

STAAR Surgical (STAA): Broadwood Partners legte eine endgültige zusätzliche Proxy-Erhebung (DFAN14A) neben Amendment Nr. 39 zu Schedule 13D vor und teilte mit, eine separate Sondersitzung abzuhalten, um mehrere Direktoren abzusetzen. Broadwood meldete einen wirtschaftlich berechtigten Besitz von 13.519.491 Aktien, was 27,4% der Stammaktien von STAAR entspricht.

Die Einreichung hebt eine bereits terminierte Sondersitzung am 23. Oktober 2025 hervor, in der die Aktionäre über einen Vorschlag zum Fusionsabkommen und einen Vergütungs-Vorschlag abstimmen werden. Broadwood bittet um Stimmrechtsvertretungen auf der GREEN-Karte und hat seine Ablehnung der von Alcon vorgeschlagenen Übernahme erklärt. Die potenzielle Sitzung zur Absetzung von Direktoren wäre separat und nicht mit der Sitzung am 23. Oktober verbunden.

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

(Amendment No.    )

 

 

 

Filed by the Registrant

 

Filed by a Party other than the Registrant

 

Check the appropriate box:

 

Preliminary Proxy Statement

 

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

 

Definitive Proxy Statement

 

Definitive Additional Materials

 

Soliciting Material under §240.14a-12

 

STAAR Surgical Company

(Name of Registrant as Specified In Its Charter)

 

Broadwood Partners, L.P.

Broadwood Capital, Inc.

Neal C. Bradsher

Richard T. LeBuhn

Natalie R. Capasso

Raymond A. Myers

Jason J. Martin

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

 

Payment of Filing Fee (Check all boxes that apply):

 

No fee required

 

Fee paid previously with preliminary materials

 

Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

 

 

 

 

 

 

On October 22, 2025, Broadwood Partners, L.P., collectively with its affiliates, and the other parties named therein filed with the U.S. Securities and Exchange Commission (the “SEC”) an Amendment No. 39 to their Schedule 13D with respect to STAAR Surgical Company (the “Company”), a copy of which is attached hereto as Exhibit 1 and incorporated herein by reference, and issued a press release, a copy of which is attached hereto as Exhibit 2 and incorporated herein by reference.

 

CERTAIN INFORMATION CONCERNING THE PARTICIPANTS

 

Special Meeting of Stockholders Scheduled for October 23, 2025

 

Broadwood Partners, L.P., Broadwood Capital, Inc., Neal C. Bradsher, Richard T. LeBuhn, Natalie R. Capasso, Raymond A. Myers and Jason J. Martin (collectively, the “Participants”) are participants in the solicitation of proxies from the stockholders of the Company in connection with the special meeting of stockholders scheduled for October 23, 2025 (including any adjournments, postponements, reschedulings or continuations thereof, the “Special Meeting”). The Participants have filed a definitive proxy statement on Schedule 14A (the “Definitive Proxy Statement”) and accompanying GREEN Proxy Card to be used in connection with any such solicitation of proxies from the Company’s stockholders for the Special Meeting. STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE PARTICIPANTS HAVE FILED OR WILL FILE WITH THE SEC BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION, INCLUDING ABOUT THE MATTERS TO BE VOTED ON AT THE SPECIAL MEETING AND ADDITIONAL INFORMATION RELATING TO THE PARTICIPANTS AND THEIR DIRECT OR INDIRECT INTERESTS, BY SECURITY HOLDINGS OR OTHERWISE. The Definitive Proxy Statement and accompanying GREEN Proxy Card have been furnished to some or all of Company’s stockholders and will be, along with other relevant documents, available at no charge on the SEC’s website at https://www.sec.gov/.

 

Special Meeting of Stockholders to Remove Members of the Board

 

The Participants also intend to file a definitive proxy statement and an accompanying GREEN Proxy Card with the SEC to be used to solicit proxies with respect to removing members of the Board and any other proposals that may come before a future and yet to be called or otherwise scheduled special meeting of stockholders (including any adjournments, postponements, reschedulings or continuations thereof, the “Stockholder Meeting”). The Stockholder Meeting will be separate, distinct and unrelated to the Special Meeting, and the Participants believe that the Stockholder Meeting will have no effect on the outcome of the Special Meeting. The Participants do not believe that there is any lawful reason that would prevent or prohibit the Participants from calling the Stockholder Meeting, regardless of the outcome of the stockholder vote at the Special Meeting, and do not make any representation related to whether the Company may contest, or otherwise challenge, the Participants’ ability to call the Stockholder Meeting. STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE PARTICIPANTS WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING ABOUT THE MATTERS TO BE VOTED ON AT THE STOCKHOLDER MEETING AND ADDITIONAL INFORMATION RELATING TO THE PARTICIPANTS AND THEIR DIRECT OR INDIRECT INTERESTS, BY SECURITY HOLDINGS OR OTHERWISE. The definitive proxy statement and an accompanying GREEN Proxy Card will be furnished to some or all of the Company’s stockholders and will be, along with other relevant documents, available at no charge on the SEC’s website at https://www.sec.gov/.

 

Information about the Participants and a description of their direct or indirect interests, by security holdings or otherwise, is contained on an amendment to Schedule 13D filed by the Participants with the SEC on October 22, 2025 and is available here.

 

 

 

 

Exhibit 1

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 39)

 

STAAR SURGICAL CO

 

(Name of Issuer)

 

Common Stock, par value $0.01 per share

 

(Title of Class of Securities)

 

852312305

 

(CUSIP Number)

 

Neal C. Bradsher

c/o Broadwood Capital, Inc., 156 West 56th Street, 3rd Floor,

New York, NY, 10019

(212) 508-5735

 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

10/21/2025

 

(Date of Event Which Requires Filing of This Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Broadwood Partners, L.P.

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

☐ (a)

☒ (b)

3 SEC use only

 

4

Source of funds (See Instructions)

 

WC

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

 

 

6

Citizenship or place of organization

 

DELAWARE

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

0.00

 

 

8

Shared Voting Power

 

13,519,491.00

 

9

Sole Dispositive Power

 

0.00

 

10

Shared Dispositive Power

 

13,519,491.00

 

11

Aggregate amount beneficially owned by each reporting person

 

13,519,491.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

 

 

13

Percent of class represented by amount in Row (11)

 

27.4 %

 

14

Type of Reporting Person (See Instructions)

 

PN

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Broadwood Capital, Inc.

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

☐ (a)

☒ (b)

3

SEC use only

 

4

Source of funds (See Instructions)

 

AF

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

 

 

6

Citizenship or place of organization

 

NEW YORK

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

0.00

 

 

8

Shared Voting Power

 

13,519,491.00

 

9

Sole Dispositive Power

 

0.00

 

10

Shared Dispositive Power

 

13,519,491.00

 

11

Aggregate amount beneficially owned by each reporting person

 

13,519,491.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

 

 

13

Percent of class represented by amount in Row (11)

 

27.4 %

 

14

Type of Reporting Person (See Instructions)

 

CO, IA

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Neal C. Bradsher

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

☐ (a)

☒ (b)

3

SEC use only

 

4

Source of funds (See Instructions)

 

AF, PF

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

 

 

6

Citizenship or place of organization

 

UNITED STATES

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

25,900.00

 

 

8

Shared Voting Power

 

13,519,491.00

 

9

Sole Dispositive Power

 

25,900.00

 

10

Shared Dispositive Power

 

13,519,491.00

 

11

Aggregate amount beneficially owned by each reporting person

 

13,545,391.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

 

 

13

Percent of class represented by amount in Row (11)

 

27.4 %

 

14

Type of Reporting Person (See Instructions)

 

IN, HC

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Richard T. LeBuhn

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

(a)

☒ (b)

3 SEC use only

 

4

Source of funds (See Instructions)

 

PF

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

 

 

6

Citizenship or place of organization

 

UNITED STATES

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

21,280.00

 

 

8

Shared Voting Power

 

6.00

 

9

Sole Dispositive Power

 

21,280.00

 

10

Shared Dispositive Power

 

6.00

 

11

Aggregate amount beneficially owned by each reporting person

 

21,286.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

 

13

Percent of class represented by amount in Row (11)

 

0.0 %

 

14

Type of Reporting Person (See Instructions)

 

IN

Comment for Type of Reporting Person:   Box 11 - Does not include 2,532 Shares over which Mr. LeBuhn does not have direct or indirect beneficial ownership. Such shares are held in three separate irrevocable trusts for Mr. LeBuhn's daughters in which Mr. LeBuhn has no voting or dispositive power and disclaims any beneficial ownership interest in such shares.

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Natalie R. Capasso

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

☐ (a)

☒ (b)

3 SEC use only

 

4

Source of funds (See Instructions)

 

 

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

 

 

6

Citizenship or place of organization

 

UNITED STATES

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

0.00

 

 

8

Shared Voting Power

 

0.00

 

9

Sole Dispositive Power

 

0.00

 

10

Shared Dispositive Power

 

0.00

 

11

Aggregate amount beneficially owned by each reporting person

 

0.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

☐ 

 

13

Percent of class represented by amount in Row (11)

 

0 %

 

14

Type of Reporting Person (See Instructions)

 

IN

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Raymond A. Myers

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

(a)

☒ (b)

3 SEC use only

 

4

Source of funds (See Instructions)

 

 

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

☐ 

 

6

Citizenship or place of organization

 

UNITED STATES

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

0.00

 

 

8

Shared Voting Power

 

0.00

 

9

Sole Dispositive Power

 

0.00

 

10

Shared Dispositive Power

 

0.00

 

11

Aggregate amount beneficially owned by each reporting person

 

0.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

 

 

13

Percent of class represented by amount in Row (11)

 

0 %

 

14

Type of Reporting Person (See Instructions)

 

IN

 

 

 

 

SCHEDULE 13D

 

CUSIP No. 852312305  

 

 

1

Name of reporting person

 

Jason J. Martin

 

 

2

Check the appropriate box if a member of a Group (See Instructions)

 

(a)

☒ (b)

3 SEC use only

 

4

Source of funds (See Instructions)

 

 

 

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

 

☐ 

 

6

Citizenship or place of organization

 

UNITED STATES

 

 

Number of Shares Beneficially Owned by Each Reporting Person With:

 

7

Sole Voting Power

 

0.00

 

 

8

Shared Voting Power

 

0.00

 

9

Sole Dispositive Power

 

0.00

 

10

Shared Dispositive Power

 

0.00

 

11

Aggregate amount beneficially owned by each reporting person

 

0.00

 

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

 

☐ 

 

13

Percent of class represented by amount in Row (11)

 

0 %

 

14

Type of Reporting Person (See Instructions)

 

IN

 

 

 

 

SCHEDULE 13D

 

  Item 1.Security and Issuer

 

(a)Title of Class of Securities:

 

Common Stock, par value $0.01 per share

 

(b)Name of Issuer:

 

STAAR SURGICAL CO

 

(c)Address of Issuer's Principal Executive Offices:

 

25510 Commercentre Drive, Lake Forest, CA 92630

 

Item 1 Comment:This Amendment No. 39 to the Schedule 13D ("Amendment No. 39"), amends and supplements the statement on Schedule 13D filed with the U.S. Securities and Exchange Commission (the "SEC") on October 12, 2004, (the "Original Schedule 13D," as amended, the "Schedule 13D") with respect to shares of common stock, par value $0.01 per share (the "Shares") of STAAR Surgical Company (the "Issuer"). Capitalized terms used but not otherwise defined in this Amendment No. 39 have the meanings set forth in the Schedule 13D.

 

Item 4.Purpose of Transaction

 

Item 4 is hereby amended and supplemented by the addition of the following:

 

On October 21, 2025, the Reporting Persons notified the Board of their intent to call a special meeting of stockholders for the purpose of removing several of the Issuer's directors, whose identities have yet to be determined by the Reporting Persons, from the Board and cautioned the Board not to take any procedural or substantive actions with respect to the Proposed Merger in advance of the stockholder vote at the Special Meeting scheduled for October 23, 2025 (such notification to the Board, the "October 21 Correspondence"). As part of the October 21 Correspondence, the Reporting Persons also referenced the ongoing contested solicitation in connection with the Reporting Persons' opposition to stockholder approval of the Merger Agreement Proposal and the Compensation Proposal to be considered at the Special Meeting and shared with the Issuer certain views from the Reporting Persons' proxy solicitor about the Special Meeting. As of the date hereof, the Issuer had not yet responded to the October 21 Correspondence.

 

The special meeting to remove several of the Issuer's directors will be separate, distinct and unrelated to the Special Meeting and the Reporting Persons believe that this potential special meeting of stockholders will have no effect on the outcome of the Special Meeting. Regardless of the outcome of the stockholder vote on the Merger Agreement Proposal and the Compensation Proposal at the Special Meeting, the Reporting Persons believe they are entitled to call a special meeting to remove several of the Issuer's directors thereafter under the Issuer's governing documents and applicable state law. The Reporting Persons' take no position on how, or if, the Issuer will contest, or otherwise challenge, the Reporting Persons' ability to call a special meeting of stockholders to remove several directors.

 

The Reporting Persons may consider and/or make other proposals (whether preliminary or final) with respect to meetings of stockholders. The Reporting Persons intend to communicate with the Issuer's management and Board about, and may enter into negotiations and agreements with them regarding, the foregoing and to communicate with other stockholders or third parties, including potential director and management candidates, regarding the Issuer. The Reporting Persons may exchange information with any such persons pursuant to appropriate confidentiality or similar agreements.

 

The Reporting Persons intend to file a proxy statement and accompanying proxy card with the SEC to be used to solicit proxies with respect to the removal of several of the Issuer's directors and other proposals that may come before a future and yet to be called or otherwise scheduled special meeting of stockholders. Notwithstanding such intent, the Reporting Persons may change their intentions with respect to any and all matters referred to in this Item 4.

 

 

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

  Broadwood Partners, L.P.
   
  Signature: /s/ Neal C. Bradsher
  Name/Title:  Neal C. Bradsher, President of Broadwood Capital, Inc.
  Date: 10/22/2025

 

  Broadwood Capital, Inc.
     
  Signature: /s/ Neal C. Bradsher
  Name/Title:   Neal C. Bradsher, President
  Date: 10/22/2025

 

  Neal C. Bradsher
   
  Signature: /s/ Neal C. Bradsher
  Name/Title:  Neal C. Bradsher
  Date: 10/22/2025

 

  Richard T. LeBuhn
   
  Signature:  /s/ Richard T. LeBuhn
  Name/Title:  Richard T. LeBuhn
  Date: 10/22/2025

 

  Natalie R. Capasso
   
  Signature:  /s/ Natalie R. Capasso
  Name/Title:  Natalie R. Capasso
  Date: 10/22/2025

 

  Raymond A. Myers
   
  Signature: /s/ Raymond A. Myers
  Name/Title:  Raymond A. Myers
  Date: 10/22/2025

 

  Jason J. Martin
   
  Signature: /s/ Jason J. Martin
  Name/Title:  Jason J. Martin
  Date: 10/22/2025

 

 

 

 

Exhibit 2

 

Broadwood Partners Intends to Call Special Meeting to Remove Several STAAR Surgical Directors

 

Cautions Board Against Taking Any Substantive or Procedural Action on Alcon Transaction or
Delaying Shareholder Vote

 

Calls for Board Refresh to Rebuild Shareholder Trust After Deeply Flawed Sales Process

 

NEW YORK--(BUSINESS WIRE)--Broadwood Partners, L.P. and its affiliates (“Broadwood” or “we”), which owns 27.5% of the outstanding common stock of STAAR Surgical Company (“STAAR” or the “Company”) (NASDAQ: STAA), notified the Company’s Board of Directors (the “Board”) yesterday that it intends to call a Special Meeting of STAAR shareholders for the purpose of removing several directors.

 

Neal C. Bradsher, Broadwood Founder and President, said:

 

“We informed the Board yesterday of our intention to call a Special Meeting of shareholders for the purpose of removing several directors in light of the overwhelming opposition to the proposed acquisition of STAAR by Alcon.

 

We once again caution the Board against taking any steps to delay a vote on the proposed transaction or making any last-minute changes to the transaction without substantial input from and alignment with shareholders.

 

It is clear to us that the Board no longer has the confidence of shareholders, and that new directors are needed to properly steward the Company and restore shareholder trust.

 

We anticipate that a refreshed Board would consider, among other matters, how to run a full, fair, independent, and open strategic alternatives process to maximize value that is untainted by the process issues and conflicts of interest that afflicted this proposed transaction with Alcon.”

 

Broadwood encourages its fellow shareholders to review its materials at www.LetSTAARShine.com and to vote on the GREEN Proxy Card “AGAINST” the proposed acquisition of STAAR by Alcon Inc.

 

About Broadwood

 

Broadwood Partners, L.P. is managed by Broadwood Capital, Inc. Broadwood Capital is a private investment firm based in New York City. Neal C. Bradsher is the President of Broadwood Capital.

 

 

 

 

Certain Information Concerning the Participants

 

Special Meeting of Shareholders Scheduled for October 23, 2025

 

Broadwood Partners, L.P., Broadwood Capital, Inc., Neal C. Bradsher, Richard T. LeBuhn, Natalie R. Capasso, Raymond A. Myers and Jason J. Martin (collectively, the “Participants”) are participants in the solicitation of proxies from the shareholders of STAAR in connection with the special meeting of shareholders scheduled for October 23, 2025 (including any adjournments, postponements, reschedulings or continuations thereof, the “Special Meeting”). The Participants have filed a definitive proxy statement on Schedule 14A (the “Definitive Proxy Statement”) and accompanying GREEN Proxy Card to be used in connection with any such solicitation of proxies from the Company’s shareholders for the Special Meeting. SHAREHOLDERS OF STAAR ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE PARTICIPANTS HAVE FILED OR WILL FILE WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION (THE “SEC”) BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION, INCLUDING ABOUT THE MATTERS TO BE VOTED ON AT THE SPECIAL MEETING AND ADDITIONAL INFORMATION RELATING TO THE PARTICIPANTS AND THEIR DIRECT OR INDIRECT INTERESTS, BY SECURITY HOLDINGS OR OTHERWISE. The Definitive Proxy Statement and accompanying GREEN Proxy Card have been furnished to some or all of STAAR’s shareholders and will be, along with other relevant documents, available at no charge on the SEC’s website at https://www.sec.gov/.

 

Special Meeting of Shareholders to Remove Members of the Board

 

The Participants also intend to file a definitive proxy statement and an accompanying GREEN Proxy Card with the SEC to be used to solicit proxies with respect to removing members of the Board and any other proposals that may come before a future and yet to be called or otherwise scheduled special meeting of shareholders (including any adjournments, postponements, reschedulings or continuations thereof, the “Shareholder Meeting”). The Shareholder Meeting will be separate, distinct and unrelated to the Special Meeting, and the Participants believe that the Shareholder Meeting will have no effect on the outcome of the Special Meeting. The Participants do not believe that there is any lawful reason that would prevent or prohibit the Participants from calling the Shareholder Meeting, regardless of the outcome of the shareholder vote at the Special Meeting, and do not make any representation related to whether the Company may contest, or otherwise challenge, the Participants’ ability to call the Shareholder Meeting. SHAREHOLDERS OF THE COMPANY ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT THE PARTICIPANTS WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION, INCLUDING ABOUT THE MATTERS TO BE VOTED ON AT THE SHAREHOLDER MEETING AND ADDITIONAL INFORMATION RELATING TO THE PARTICIPANTS AND THEIR DIRECT OR INDIRECT INTERESTS, BY SECURITY HOLDINGS OR OTHERWISE. The definitive proxy statement and an accompanying GREEN Proxy Card will be furnished to some or all of the Company’s shareholders and will be, along with other relevant documents, available at no charge on the SEC’s website at https://www.sec.gov/.

 

Information about the Participants and a description of their direct or indirect interests, by security holdings or otherwise, is contained on an amendment to Schedule 13D filed by the Participants with the SEC on October 22, 2025 and is available here.

 

Contacts

 

Investor Contacts
John Ferguson / Joseph Mills
Saratoga Proxy Consulting LLC
jferguson@saratogaproxy.com
jmills@saratogaproxy.com
(212) 257-1311
(888) 368-0379

 

Media Contacts
Scott Deveau / Jeremy Jacobs
August Strategic Communications
Broadwood@AugustCo.com
(323) 892-5562

 

 

 

 

 

Staar Surg

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