Axon prices $1 billion convertible senior notes due 2031
The offering yields ~$986 million for growth and acquisitions. Axon also enters capped call transactions to mitigate dilution from the zero-coupon convertible debt.
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Public safety technology company
axon.comLast updated
In short: Axon saw revenue grow 35% in Q2 2026 while multiple US cities transitioned to its license plate reader systems amid privacy concerns.
The offering yields ~$986 million for growth and acquisitions. Axon also enters capped call transactions to mitigate dilution from the zero-coupon convertible debt.
Annual recurring revenue rose 39% to $1.6 billion; the company raised its full-year revenue growth outlook to 32-34%.
The company will host a live webinar at 5 p.m. ET that day to discuss results.
Weighing under 100 grams, it offers user-activated recording, panic alerts, and real-time translation via Axon Assistant.
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The Notes will mature on September 15, 2031, unless earlier converted, redeemed or repurchased. The Notes will be senior, unsecured obligations of Axon and will...
As local leaders embrace expanded automated surveillance, legal experts question the data retention policies and privacy impacts.
A new class action claims Axon operates the Fusus license plate database across California without posting the privacy policy ...
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