---
schema_version: "secwatch.filing_event.v1"
accession: "0001810806-25-000042"
form_type: "8-K"
ticker: "U"
cik: "0001810806"
company_name: "Unity Software Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:24:26.600918+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Unity closes $690M 0% convertible notes due 2030, repurchases $644M of 2026 notes

## Summary
- Issued $690M aggregate of 0% Convertible Senior Notes due 2030; initial conversion price $36.15 (32.5% premium).
- Net proceeds of $675M; used $600M to repurchase $644.3M of 0% convertible 2026 notes.
- Capped call transactions entered to limit dilution, with cap price of $47.74 per share.
- After repurchase, ~$600.9M of 2026 notes remain outstanding; remaining proceeds for general corporate use.

## SEC filing metadata
- accession: 0001810806-25-000042
- form_type: 8-K
- ticker: U
- cik: 0001810806
- company_name: Unity Software Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1810806/000181080625000042/0001810806-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1810806/000181080625000042/unity-20250224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001810806-25-000042
- JSON: https://secwatch.observer/filing/0001810806-25-000042.json
- Plain text: https://secwatch.observer/filing/0001810806-25-000042.txt

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