Axon (AXON) Announces Proposed Convertible Senior Notes Offering
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Axon Announces Proposed Convertible Senior Notes Offering
December 5, 2022 5:00 PM ESTSCOTTSDALE, Ariz., Dec. 5, 2022 /PRNewswire/ -- Axon Enterprise, Inc. (NASDAQ: AXON) ("Axon") today announced that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes due 2027 (the "Notes") in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Axon also expects to grant to the initial purchasers of the Notes an option to purchase up... More
