debt
confidence high
sentiment neutral
materiality 0.50
Axon redeems and converts all remaining 0.50% convertible senior notes due 2027
AXON ENTERPRISE, INC.
- Redeemed $840,000 principal of 0.50% convertible notes on Feb 10, 2026 at 100% plus accrued interest.
- Settled conversions of $80.27M principal on Feb 11, paying ~$80.3M cash and issuing 211,870 shares.
- Received 41,139 shares from option counterparties upon exercise of note hedges.
- No convertible notes remain outstanding after these transactions.