AXON ENTERPRISE, INC. 8-K/A

What Happened Axon Enterprise, Inc. announced by Form 8-K that it delivered a notice to redeem all outstanding 0.50% convertible senior notes due 2027 (the “Notes”) on February 10, 2026. The redemption price is 100% of principal plus any accrued and unpaid interest through, but excluding, the Redemption Date. Holders may surrender Notes for conversion only until the close of business on February 6, 2026; after that time Notes will no longer be convertible.

Key Details

• Redemption date: February 10, 2026; redemption price = 100% of principal plus accrued interest to (but excluding) that date.
• Conversion cutoff: close of business on February 6, 2026. Valid conversions will be settled partly in cash (up to the principal portion and cash in lieu of fractional shares) and partly in Axon common stock for any amount in excess of the principal portion.
• Settlement calculation: amounts are determined using a 30 trading-day observation period beginning December 24, 2025. A Market Disruption Event on January 29, 2026 meant that day was not a trading day, so the observation period is expected to run through February 9, 2026 (excluding Jan 29).
• Expected delivery: settlement amounts for valid conversions are expected to be deliverable on February 11, 2026.

Why It Matters This is a capital-structure event: Axon is removing the convertible debt by redeeming the Notes at par, which will eliminate the future conversion possibility for holders after the conversion cutoff. For holders, the filing specifies the last date to convert, how conversions will be paid (cash and shares), and the timing for payment. For investors in Axon stock, this action may affect share count and financial obligations depending on how many holders convert before the cutoff and how the company settles conversion obligations.