Axon closes exchange of $407M convertible notes for cash and 1.04M shares

AXON ENTERPRISE, INC.

Exchanged $407,453,000 principal of 0.50% Convertible Senior Notes due 2027.
Holders received $407,954,826 in cash (incl. accrued interest and fractional shares) plus 1,038,259 common shares.
Transactions closed on March 13, 2025, via privately negotiated deals.
This 8-K/A amends the original March 7 report to update Item 3.02 disclosure.

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