Voyager Technologies is trading 6.85% down at $34.96 after announcing a proposed $350 million convertible senior-notes offering due 2032.
- Noteholders may convert into Class A shares, raising investor concerns about potential dilution.
- Purchasers can buy an additional $52.5 million of notes.
- The announcement triggered an approximately 6.7% after-hours decline; Bitcoin and Ethereum remained broadly stable, making crypto weakness an unlikely primary driver.