Voyager Technologies (NYSE: VOYG) priced a $350 million private offering of 0% convertible senior notes maturing in 2032. The offering targets qualified institutional buyers and is scheduled to settle on September 28, 2026. Purchasers hold a 13-day option to acquire up to an additional $52.5 million in notes.
Notes are convertible into Class A common stock at an initial price of approximately $40.82 per share. This conversion price represents a 30% premium over the September 23, 2026, closing price. Voyager expects net proceeds of approximately $340.4 million.
The company will use the funds for organic growth and strategic acquisitions. Approximately $45.7 million will fund capped call transactions to reduce potential shareholder dilution.