Axon Plans $1 Billion Zero-Coupon Convertible Notes Offering Due 2031
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Scottsdale, Ariz. – September 18, 2026 -- Axon Enterprise, Inc. (Nasdaq: AXON) intends to offer $1.0 billion in aggregate principal amount of 0% convertible senior notes due 2031, subject to market conditions, the public safety technology company announced.
Axon adds $150 million over-allotment option for underwriters
Underwriters will have the option to purchase up to an additional $150.0 million in notes to cover over-allotments, exercisable for settlement within an 11-day period beginning on the first issuance date. Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Citigroup Global Markets Inc. are serving as joint lead book-running managers.