secwatch.observer — SEC 8-K summary
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Issuer:     Affirm Holdings, Inc. (AFRM)
CIK:        0001820953
Form:       8-K
Filed at:   2021-11-19T23:59:59+00:00
Accession:  0001104659-21-141599
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Affirm prices $1.5B upsized 0% convertible senior notes due 2026
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- Upsized from $1.25B to $1.5B aggregate principal amount; option for additional $225M.
- Conversion price ~$215.65/share, 55% premium to last sale on Nov 18.
- Net proceeds ~$1.48B ($1.70B with option) for growth and general corporate purposes.
- Notes mature Nov 15, 2026; no regular interest; senior unsecured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820953/000110465921141599/0001104659-21-141599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820953/000110465921141599/tm2133447d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-141599

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer