A10 Networks issues $200M 2.75% convertible notes due 2030; concurrent $44.2M share repurchase

A10 Networks, Inc.

Issued $200M 2.75% convertible senior notes due 2030; initial purchasers have option for additional $25M.
Conversion rate 42.6257 shares/$1,000 (~$23.46/share), a 20% premium over March 12 close of $19.55.
Net proceeds ~$193.8M; concurrently repurchased $44.2M of common stock at $19.55 per share.
Notes redeemable after April 5, 2028 if stock price is at least 130% of conversion price.
Remaining proceeds for working capital, general corporate purposes, and potential future acquisitions.

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