secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2021-11-30T23:59:59+00:00
Accession:  0001560327-21-000191
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 completes conversion of $43.4M notes into ~0.7M shares, redeems remaining $2M
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- Converted ~$43.4M principal of 1.25% convertible notes due 2023 into $43.4M cash and ~0.7M shares of common stock.
- Redeemed remaining $2.0M principal of notes for $2.0M cash on November 30, 2021.
- Conversion rate was 24.0460 shares per $1,000 principal, increased by 0.0022 shares for early conversions.
- Notes originally issued in August 2018 for $230M aggregate principal.
- Equity issued in reliance on Section 3(a)(9) exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000156032721000191/0001560327-21-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000156032721000191/rp-20211130.htm
  HTML page:      https://secwatch.observer/filing/0001560327-21-000191

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer