Baird served as a co-manager on this offering
AboutAxon Enterprise, Inc. (“Axon” or the “Company”) (NASDAQ-GS: AAXN) recently completed a follow-on offering of 4,300,000 shares of its common stock (93% primary / 7% secondary) at a price of $53.00 per share generating gross proceeds to the Company of approximately $246.2 million, which includes the exercise in full by the underwriters of their option to purchase an additional 645,000 shares of common stock at the public offering price. The Company intends to use the net proceeds from the offering for general corporate purposes and working capital.
Axon’s core mission is to protect life through innovative technologies that make communities safer. The Company is the market leader in the development, manufacture and sale of conducted electrical weapons designed for use by law enforcement, corrections, military forces, private security personnel and by private individuals for personal defense. Axon is also the market leader in developing, manufacturing and selling connected wearable on-officer cameras as well as developing and selling cloud-based digital evidence management software. The Company is headquartered in Scottsdale, Arizona.
CONTACT US TO LEARN MORE
- May 2018
- Axon Enterprise, Inc.
- Technology & Services
- Target Location
- North America
BGRS, a subsidiary of Relo, combination with SIRVA, a portfolio company of MDP
BHI, a portfolio company of AEI, acquisition by Westinghouse, a portfolio company of Brookfield