{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-455539","form_type":"8-K","ticker":"AKAM","cik":"0001086222","company_name":"AKAMAI TECHNOLOGIES INC","filed_at":"2026-11-10T21:23:59+00:00","discovered_at":"2026-11-10T21:25:00.159751+00:00","generated_at":"2026-11-10T21:25:04.037326+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Akamai prices $2.2B of 1.00% convertible notes; conversion premiums of 40.0% and 27.5%","bullets":["$1.1B of 1.00% convertible senior notes due Nov 15, 2028 and $1.1B due Nov 15, 2031; $150M option on each series; closing expected Nov 12, 2026.","2028 notes conversion price ~$112.41 (40.0% premium to $80.29 close on Nov 9, 2026); 2031 notes ~$102.37 (27.5% premium), 9.7685 shares per $1,000.","Net proceeds estimated at ~$2,164.2M, or ~$2,459.7M if purchasers exercise options in full; ~$250.3M earmarked for convertible note hedge costs, partly offset by warrant sales.","Proceeds to repay a portion of the $1.15B 0.375% convertible notes due Sept 1, 2027 and to fund Cloud Infrastructure Services capex, remainder for general corporate purposes.","Senior unsecured; interest payable semi-annually May 15 and Nov 15 beginning May 15, 2027; holders may require repurchase at 100% of principal on a fundamental change."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-455539","json":"https://secwatch.observer/filing/0001193125-26-455539.json","markdown":"https://secwatch.observer/filing/0001193125-26-455539.md","text":"https://secwatch.observer/filing/0001193125-26-455539.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1086222/000119312526455539/0001193125-26-455539-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1086222/000119312526455539/d51061d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-10T21:25:04.037326+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}