---
schema_version: "secwatch.filing_event.v1"
accession: "0001069183-22-000076"
form_type: "8-K"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:21:00.871315+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Axon enters $200M credit agreement with JPMorgan, maturing Dec 2027

## Summary
- $200M senior unsecured multi-currency revolving credit facility; option to increase to $300M.
- Maturity Dec 15, 2027 or six months before 2027 convertible notes maturity, whichever earlier.
- Interest floating (SOFR, EURIBOR, TIBOR, base rate) plus margin based on net leverage ratio; initial commitment fee 0.15%.
- Covenants include max net leverage 3.5x, min interest coverage 3.5x; proceeds for general corporate purposes including acquisitions.

## SEC filing metadata
- accession: 0001069183-22-000076
- form_type: 8-K
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000106918322000076/0001069183-22-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000106918322000076/axon-20221215x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001069183-22-000076
- JSON: https://secwatch.observer/filing/0001069183-22-000076.json
- Plain text: https://secwatch.observer/filing/0001069183-22-000076.txt

## Key facts
- Debt Financings
  AXON ENTERPRISE, INC. incurred revolving credit of $200 million with JPMorgan Chase Bank, N.A. maturing December 15, 2027.
  - Instrument: revolving credit
  - Principal: $200 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Maturity: December 15, 2027
  - Event: incurrence
  source text: On December 15, 2022, Axon Enterprise, Inc. (the “ Company ”), entered into a Credit Agreement (the “ Credit Agreement ”) with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (the “ Lenders ”, and each a “ Lender ”). The Credit Agreement provides for a senior unsecured multi-currency revolving credit facility in an aggregate principal amount of up to $200 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918322000076/0001069183-22-000076-index.htm
- Material Agreements
  AXON ENTERPRISE, INC. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto valued at up to $200 million (effective 2022-12-15).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto
  - Value: up to $200 million
  - Effective: 2022-12-15
  source text: On December 15, 2022, Axon Enterprise, Inc. (the “ Company ”), entered into a Credit Agreement (the “ Credit Agreement ”) with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto (the “ Lenders ”, and each a “ Lender ”). The Credit Agreement provides for a senior unsecured multi-currency revolving credit facility in an aggregate principal amount of up to $200 million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069183/000106918322000076/0001069183-22-000076-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.