Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
AXON ENTERPRISE, INC. incurred convertible notes of $690 million aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 0.50% per year maturing December 15, 2027.
- Instrument
- convertible notes
- Principal
- $690 million aggregate principal amount
- Counterparty
- U.S. Bank Trust Company, National Association, as trustee
- Rate
- 0.50% per year
- Maturity
- December 15, 2027
- Event
- incurrence
Exact text from the filing
On December 9, 2022, Axon Enterprise, Inc. (the “Company”) issued and sold $690 million aggregate principal amount of its 0.50% Convertible Senior Notes due 2027 (the “Notes”), which amount includes $90 million aggregate principal amount of Notes sold pursuant to the initial purchasers’ (the “Initial Purchasers”) full exercise of their option to purchase additional Notes.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AXON ENTERPRISE, INC. entered into Indenture with U.S. Bank Trust Company, National Association valued at $690 million aggregate principal amount (effective 2022-12-09).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $690 million aggregate principal amount
- Effective
- 2022-12-09
Exact text from the filing
On December 9, 2022, Axon Enterprise, Inc. (the “Company”) issued and sold $690 million aggregate principal amount of its 0.50% Convertible Senior Notes due 2027 (the “Notes”), which amount includes $90 million aggregate principal amount of Notes sold pursuant to the initial purchasers’ (the “Initial Purchasers”) full exercise of their option to purchase additional Notes. The Notes were issued pursuant to an indenture (the “Indenture”), dated as of December 9, 2022, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
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