Wabash launches $100M convertible notes offering amid Q2 loss of $23-26M on 8-10% revenue decline

Filed July 14, 2026 · Period ending July 14, 2026 · ~2 min read

Key Changes

• high

  Wabash commenced a private offering of $100M convertible senior notes due 2032 (with $15M greenshoe) to qualified institutional buyers, intending to use proceeds for general corporate purposes including debt repayment.

  Exhibit 99.2 view on EDGAR →
• high

  Preliminary Q2 2026 results show net sales of $413-421M (down 8-10% YoY) and a net loss of $23-26M versus $9.6M loss in Q2 2025; adjusted EBITDA swung from positive $16.3M to negative $9.7-12.6M.

  Exhibit 99.1 view on EDGAR →
• high

  Wabash received commitments to amend and extend $275M of its $350M revolving credit facility, adding a $90M minimum liquidity requirement, a $40M availability block, and conditionally suspending the fixed charge coverage ratio covenant.

  Exhibit 99.1 view on EDGAR →