8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Axon Completes $1.15 Billion 0% Convertible Notes Offering
Filed with the SEC on · Summarized by InvestorsBot
Axon Enterprise issued $1.15 billion of 0% convertible senior notes due 2031, including $150 million from the underwriters’ fully exercised over-allotment option. The notes carry an initial conversion price of approximately $652.06 per share, while Axon will use about $114.9 million of proceeds for capped call transactions intended to reduce potential stock dilution and use the remainder for general corporate purposes, including potential growth investments and acquisitions.