Axon proposes $1 billion zero-interest convertible notes due 2031
Filed with the SEC on · Summarized by InvestorsBot
Axon announced on September 15, 2026, that it intends to offer $1.0 billion of 0% convertible senior notes due September 15, 2031, with an option for underwriters to purchase up to an additional $150 million. The company plans to use part of the proceeds for capped call transactions intended to reduce potential stock dilution and the remainder for general corporate purposes, including growth investments and acquisitions; final terms, including the conversion rate, have not been set.