other material
confidence high
sentiment neutral
materiality 0.65
MongoDB completes redemption of 0.25% Convertible Notes; 5.66M shares issued on conversion
MongoDB, Inc.
- Holders of ~$1.15B aggregate principal of Notes elected to convert during conversion period ending Dec 13, 2024.
- MongoDB issued 5,662,979 shares of common stock for converted Notes, plus cash for fractional shares.
- Remaining $349,000 principal redeemed for cash (~$349,366 including accrued interest) on Dec 16, 2024.
- Issuance of conversion shares exempt from registration under Securities Act Section 3(a)(9).