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Form 8-K · Current Report · Filed 2026-09-01

Moderna Announces Private Placement of $3 Billion Convertible Senior Notes

Moderna, Inc. has completed a private offering of $3,000,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2032. The notes are convertible into shares of Moderna's common stock under certain conditions and are subject to various events of default. The company intends to use the net proceeds for general corporate purposes, including potential investments in its oncology business and repayment of debt. Additionally, Moderna entered into capped call transactions to reduce potential dilution upon conversion of the notes.

Filer
Moderna Inc. MRNA · NASDAQ
Filed
Accession
0001193125-26-378505
CIK
0001682852
Signal
Medium impactHealthcare

Items reported

Item events

Reported Item

New Debt Issued Convertible Note Offering General Statement

Market reaction

Close before filing

$140.34

Since filing

+0.0%

Latest close

$140.34

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from MRNA reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, MRNA insiders reported 28 Form 4 transactions — net selling of $14.6M.

Full MRNA insider history →

About Moderna Inc.

Moderna Inc. is a biotechnology company focused on developing transformative medicines based on messenger RNA (mRNA) technology. Its primary function is to research and produce a broad spectrum of vaccines and therapeutics by leveraging its proprietary mRNA technology platform. Moderna is notably recognized for its pivotal role in the healthcare and pharmaceutical sector, particularly due to its development of one of the first COVID-19 vaccines to receive emergency use authorization. The company’s pipeline extends beyond infectious diseases, targeting therapeutic areas such as oncology, cardiovascular diseases, and rare genetic disorders. Headquartered in Cambridge, Massachusetts, Moderna takes a leading position in the biotechnology industry through its innovative approach to drug development, emphasizing rapid advancement from concept to clinical application. The company plays a crucial role in addressing global health challenges through its cutting-edge mRNA-based solutions.

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