{"schema_version":"secwatch.filing_event.v1","accession":"0001069183-22-000065","form_type":"8-K","ticker":"AXON","cik":"0001069183","company_name":"AXON ENTERPRISE, INC.","filed_at":"2022-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.498029+00:00","generated_at":"2026-06-21T06:37:42.405081+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Axon issues $690M of 0.50% convertible notes due 2027, enters hedge and warrant transactions","bullets":["$690M aggregate principal amount of 0.50% Convertible Senior Notes due 2027 issued on Dec 9, 2022.","Initial conversion price ~$228.73 per share (conversion rate 4.3720 shares per $1,000 principal).","Used ~$70.7M to enter convertible note hedge transactions covering ~3.0M shares.","Sold warrants to acquire ~3.0M shares at initial strike price $338.86; received ~$124.3M.","Notes mature Dec 15, 2027; interest 0.50% payable semi-annually starting June 15, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001069183-22-000065","json":"https://secwatch.observer/filing/0001069183-22-000065.json","markdown":"https://secwatch.observer/filing/0001069183-22-000065.md","text":"https://secwatch.observer/filing/0001069183-22-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1069183/000106918322000065/0001069183-22-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1069183/000106918322000065/axon-20221206x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T06:37:42.405081+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f3f618aed328564a134576e96ca9cf7417f1cfb","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069183/000106918322000065/0001069183-22-000065-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$690 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association, as trustee"},{"label":"Rate","value":"0.50% per year"},{"label":"Maturity","value":"December 15, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2de48a038f704b86f104efd9acb7b92dbb4c8619","claim":"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).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1069183/000106918322000065/0001069183-22-000065-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$690 million aggregate principal amount"},{"label":"Effective","value":"2022-12-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}