Form 8-K · Current Report · Filed 2024-05-13
Axon Enterprise Enters New Share Distribution Agreement
On May 13, 2024, Axon Enterprise, Inc. entered into a new distribution agreement with J.P. Morgan Securities LLC for the sale of up to 1,954,450 shares of its common stock, left over from a prior equity offering program. The agreement allows the company to sell shares through the agent, with proceeds intended for general corporate purposes, including tax obligations and growth initiatives.
- Filer
- Axon Enterprise, Inc. AXON · NASDAQ
- Filed
- Accession
- 0001069183-24-000042
- CIK
- 0001069183
- Signal
- Medium impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Entry into a Material Definitive Agreement
Financial Statements and Exhibits
Market reaction
Close before filing
$303.43
Next session
-2.3%
Since filing
+73.9%
Latest close
$527.76
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AXON reporting the same item, with the next session's move:
Exhibits (2)
About Axon Enterprise, Inc.
Axon Enterprise, Inc. is a technology company that develops and manufactures products and services for law enforcement, military, and civilian markets. Known for its innovations in public safety technology, Axon is best recognized for its development of non-lethal conducted energy weapons, including its flagship TASER brand, used by law enforcement agencies globally. Beyond hardware, the company has significantly expanded into software solutions by providing digital evidence management systems, body-worn cameras, and cloud-based platforms for managing data and video footage. These technological advancements enable more efficient data handling and facilitate improved transparency and accountability within law enforcement operations. Axon's products and services are pivotal in enhancing officer and civilian safety, strengthening its role as a key player in the public safety sector. By continuously evolving its technology offerings, Axon Enterprise, Inc. remains influential in shaping the future landscape of law enforcement and public safety technology.
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