---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-018424"
form_type: "8-K"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T07:57:55.920899+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axon prices $600M 0.5% convertible notes due 2027, upsized from $500M

## Summary
- Principal amount $600M; initial purchasers option for additional $90M.
- Net proceeds est. $585.8M ($673.8M with full exercise); $61.5M for note hedge cost, balance for growth.
- Initial conversion price $228.73/share (35% premium over $169.43 close).
- Entered convertible note hedge and warrant transactions; warrant strike $338.86/share (100% premium).
- Notes are senior unsecured, mature Dec 15, 2027, bear 0.5% interest semi-annual.

## SEC filing metadata
- accession: 0001558370-22-018424
- form_type: 8-K
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2022-12-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000155837022018424/0001558370-22-018424-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000155837022018424/axon-20221206x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-018424
- JSON: https://secwatch.observer/filing/0001558370-22-018424.json
- Plain text: https://secwatch.observer/filing/0001558370-22-018424.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.