SolarEdge sells additional $37M of 2.25% convertible notes due 2029 via over-allotment

SOLAREDGE TECHNOLOGIES, INC.

Net proceeds from the offering were approximately $36.2 million after deducting fees and estimated expenses.
Approximately $3.1 million of net proceeds used to fund Additional Capped Call Transactions hedging conversion exposure.
Remaining net proceeds intended for general corporate purposes.
Notes carry 2.250% coupon, maturity 2029; maximum conversion rate per $1,000 principal is 37.8787 shares.

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