Axon closes $196.9M convertible note exchange for cash and 526,802 shares

AXON ENTERPRISE, INC.

Holders exchanged $196,854,000 principal of 0.50% convertible notes due 2027 for $196,859,243.77 cash and 526,802 shares.
Additional $19,000,000 principal exchanged under separate agreement entered December 15, 2025.
Transaction closed December 16, 2025, as part of privately negotiated exchange transactions.
Notes carried 0.50% coupon; exchange reduces debt and dilutes equity by ~526,802 shares.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.