Voyager Technologies, Inc. Announces Proposed Convertible Senior Notes Offering
Voyager Technologies announced a proposed private offering of $350.0 million of convertible senior notes due 2032 to qualified institutional buyers under Rule 144A. Initial purchasers will have an option for up to $52.5 million of additional notes, and Voyager plans capped call transactions intended to offset dilution up to a cap at least a 150% premium to the stock's last reported sale price.
Key figures
- Deal Value Usd
- 350000000
- Maturity
- October 15, 2032
- Greenshoe option
- $52.5 million additional principal
- Capped call premium
- at least 150% premium to last reported sale price
AI analysis
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