Nscale announced $3.36 billion of convertible financing, including a closed $2.36 billion tranche and a $1 billion NVIDIA commitment expected in November.

Explore GameStop's latest financial strategy with $450 million in notes, boosting investment opportunities in retail and crypto markets.

The EigenQ-SVAQ financing uses two secured-note tranches with a 10% original issue discount, 8% cash interest, a maturity premium and warrants.

CoreWeave is going all-in on AI, announcing plans to raise up to $3.5 billion through convertible debt as it races to expand its computing power. The company already has a staggering $104 billion revenue backlog and over 4 gigawatts of contracted power. Is this the boldest bet in the AI infrastructure arms race yet? https://qz.com/coreweave-convertible-notes-offering-3-billion-091726

Western Digital called $109.5 million of 3% convertible notes, with conversion available through November 12 and redemption scheduled for November 16.

Penguin Solutions closed an upsized $750 million zero-coupon convertible notes offering due 2031, using proceeds for capped calls, note exchanges, debt repayment and AI Factory Platform growth.

Scorpio Tankers priced a $325M convertible note on Apr 8, 2026 (Investing.com), raising liquidity but creating contingent equity dilution risks for STNG shareholders.

Shares of Super Micro Computer Inc. fell almost 10% on Monday after the company announced a convertible note offering worth $2 billion that’s set to mature in 2030. The company, which has become one...

Investing.com -- DigitalOcean Holdings Inc (NYSE:DOCN) stock dropped 4.9% after the cloud infrastructure provider announced plans to offer $500 million in convertible senior notes due 2030 in a private offering to qualified institutional buyers. The company intends to grant initial purchasers an option to buy an additional $75 million in notes. The unsecured notes will mature on August 15, 2030, with interest payable semi-annually, unless earlier converted, redeemed, or repurchased. DigitalOcean plans to use the proceeds to fund capped call transactions and to repurchase a portion of its existing 0.00% convertible senior notes due 2026. The company will use the net proceeds, along with cash on hand and up to $500 million in term loans under its credit facility, for these repurchases. In connection with the offering, DigitalOcean will enter into capped call transactions to reduce potential dilution to common stock upon conversion of the notes. These transactions are expected to cover the number of shares initially underlying the notes, subject to customary adjustments. Concurrent with the offering, the company plans to adopt a new $100 million stock repurchase program that will run through July 31, 2027. The repurchases will be made through various methods including open market purchases and 10b5-1 plans, depending on market conditions. The notes will be convertible under certain circumstances, with DigitalOcean having the option to settle conversions in cash, shares of common stock, or a combination of both. The notes will not be redeemable before August 15, 2028, after which they may be redeemed under specific conditions. The interest rate, initial conversion rate, and other terms of the notes will be determined at the time of pricing. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if DOCN is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

Investing.com -- Upexi, Inc. (NASDAQ:UPXI) stock surged 13% on Thursday following the announcement that the company has closed a private placement of convertible notes worth approximately $150 million. This offering is part of a previously announced $200 million concurrent financing initiative. The convertible notes were issued in exchange for locked and spot Solana (SOL) cryptocurrency and carry a 2.0% interest rate payable quarterly, with a fixed conversion price of $4.25 per share and a 24-month maturity. The notes are collateralized by SOL provided by the respective holders. This financing round includes the $150 million note offering alongside a previously disclosed $50 million private placement of common stock, resulting in approximately $200 million in gross proceeds before deducting placement agent fees and other expenses. Big Brain Holdings led the investment in the note offering, which was joined by additional institutional investors. A.G.P./Alliance Global Partners (NYSE:GLP) served as the sole placement agent for the transaction. As a result of the note offering, Upexi has significantly expanded its Solana treasury. The company now holds approximately 1.65 million SOL, more than doubling its previously reported balance of 735,692 SOL. Upexi specializes in the development, manufacturing, and distribution of consumer products and has recently diversified into the cryptocurrency space. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With UPXI making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed UPXI alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including UPXI, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is UPXI poised for similar growth? Don't miss the opportunity to find out.

Investing.com -- Tempus AI (NASDAQ:TEM) stock fell 2.6% after the precision medicine technology company announced a proposed $400 million convertible senior notes offering due in 2030. The Chicago-based company plans to use a portion of the proceeds to repay outstanding term loans, including immediately paying off its $275 million 2027 term loan. This move is expected to reduce interest expenses and enhance financial flexibility. Additional proceeds will fund capped call transactions to reduce potential dilution and for general corporate purposes. The notes will be offered to qualified institutional buyers as general unsecured obligations of Tempus, with interest payable semiannually and maturity set for July 15, 2030. Upon conversion, Tempus may pay in cash, shares of its Class A common stock, or a combination of both, at its discretion. Tempus also intends to grant initial purchasers an over-allotment option to buy up to an additional $60 million in notes within 13 days of the initial issuance. In connection with the offering, the company plans to enter into privately negotiated capped call transactions with financial institutions. These transactions are designed to reduce potential dilution to Class A common stock upon conversion of the notes and/or offset cash payments exceeding the principal amount of converted notes. The AI-powered precision medicine company expects the option counterparties to establish hedges through various derivative transactions and stock purchases around the time of pricing, which could affect the market price of both Tempus stock and the notes. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is TEM one of them?

Investing.com -- Nano Labs (NASDAQ:NA) stock soared 200% after the Web 3.0 infrastructure provider announced a $500 million convertible notes private placement and revealed plans to acquire significant holdings of cryptocurrency BNB. The China-based company entered into an agreement with several investors for convertible promissory notes with a 360-day maturity and no interest accruing on the principal amount. The notes are convertible into Class A ordinary shares at an initial conversion price of $20 per share, subject to adjustment terms outlined in the agreement. This agreement represents a strategic growth initiative for Nano Labs. As part of its plan, the company will conduct a thorough assessment of BNB’s security and value. In the initial phase, Nano Labs intends to acquire $1 billion worth of BNB through convertible notes and private placements. Looking ahead, the company has set an ambitious long-term goal to hold between 5% and 10% of BNB’s total circulating supply, signaling a substantial commitment to the cryptocurrency. The closing of the agreement remains subject to customary conditions, and the company noted there is no guarantee the transaction will be completed in full or at all. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

GameStop Stock Falls After Company Announces Convertible Notes Offering  Investopedia

Investing.com -- Shares of Hims & Hers Health, Inc. (NYSE: HIMS) fell 3% today following the company’s announcement of a proposed offering of convertible senior notes. The health and wellness company plans to raise $450 million through the notes, which are due in 2030, to accelerate its global expansion and invest in AI and personalized treatments. The decline in Hims & Hers’ stock price comes as the market reacts to the potential dilution of shares resulting from the convertible notes offering. Investors often view convertible debt as a precursor to equity dilution if the notes are converted into stock, which can lead to a decrease in existing shareholders’ value. According to the press release, the proceeds from the offering are earmarked for general corporate purposes, including global expansion through organic growth and strategic acquisitions, although there are currently no definitive agreements for any material acquisitions. The funds will also support the company’s technology initiatives, such as expanding its data pipeline, developing AI tools, and advancing personalized treatments to enhance the healthcare experience for consumers. Hims & Hers has appointed a new CTO, Mo Elshenawy, to lead these technological advancements. Additionally, part of the net proceeds will fund the cost of entering into capped call transactions, which are intended to reduce the potential dilution from the conversion of the notes. The notes will be senior, unsecured obligations of the company, with interest payable semi-annually. They will mature on May 15, 2030, unless earlier repurchased, redeemed, or converted. The notes will be redeemable at the company’s option under certain conditions, and noteholders will have the right to convert their notes in specified circumstances.

WhiteFiber, a leader in AI infrastructure, announces the pricing of $210 million in convertible senior notes offering intended for data center expansion.

Ciena proposed a $2.0 billion convertible senior notes offering due 2031, with proceeds tied to term-loan repayment, hedging costs and share repurchases.