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  • Adverse Opinion On Internal Control Over Financial Reporting (new) — PwC's adverse opinion indicates material weaknesses in financial reporting controls, a significant accounting red flag.
NASDAQ: AXON AXON ENTERPRISE, INC. 424B5

Axon Enterprise files $1.0B 0% convertible senior notes due 2031, with up to $150M over-allotment option

Filed September 15, 2026 · ~1 min read

Key Changes

  • high

    Offering is $1.0B principal of 0% convertible senior notes due 2031, plus up to $150M over-allotment; terms are preliminary.

    The Offering verify on EDGAR →
  • high

    Notes pay no regular interest and do not accrete; conversion rate and price are not yet set.

    The Offering verify on EDGAR →
  • high

    Pro forma long-term debt after the offering would be $2.75B, with $490.9M available on revolver.

    Risk Factors verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 21, 2026 · How we verify