What's Going On With Axon Shares On Wednesday?
Axon priced $1 billion of 0% convertible senior notes due 2031, with underwriters holding an option to purchase an additional $150 million.
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Why It Matters
Axon raised $1 billion by selling special bonds to investors. These bonds can turn into company stock later, showing confidence in their future.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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