Axon Prices $1 Billion Zero-Interest Convertible Notes Due 2031
Filed with the SEC on · Summarized by InvestorsBot
Axon priced $1.0 billion of 0% convertible senior notes due September 15, 2031, with an option for underwriters to buy up to an additional $150 million; closing is expected September 18, 2026. The offering is expected to generate approximately $986 million in net proceeds, with $99.9 million allocated to capped call transactions and the remainder for general corporate purposes, including potential growth investments and acquisitions.