---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-057640"
form_type: "8-K/A"
ticker: "AXON"
cik: "0001069183"
company_name: "AXON ENTERPRISE, INC."
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:51:42.625938+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-057640
- form_type: 8-K/A
- ticker: AXON
- cik: 0001069183
- company_name: AXON ENTERPRISE, INC.
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069183/000162828025057640/0001628280-25-057640-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069183/000162828025057640/axon-20251209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-057640
- JSON: https://secwatch.observer/filing/0001628280-25-057640.json
- Plain text: https://secwatch.observer/filing/0001628280-25-057640.txt

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