Voyager Technologies issued $402.5 million in aggregate principal amount of 0% Convertible Senior Notes due October 15, 2032, including the full exercise of a $52.5 million over-allotment option. The notes carry an initial conversion price of approximately $40.82 per share (rate: 24.4978 shares per $1,000 principal) and mature in 2032. Concurrently, the company entered into capped call transactions costing approximately $52.5 million to offset potential dilution up to a cap price of $78.50 per share. Net proceeds were approximately $391.6 million, with funds allocated for general corporate purposes and strategic acquisitions. Voyager Technologies is a defense and space technology company.
