Alkami Announces Pricing of $300 Million Convertible Senior Notes Offering
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Alkami Technology, Inc. has announced the pricing of a $300 million convertible senior notes offering, with a 1.50% interest rate due in 2030. The offering is aimed at qualified institutional buyers and is set to settle on March 13, 2025.
March 11, 2025 | 3:45 am
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Alkami Technology is issuing $300 million in convertible senior notes with a 1.50% interest rate, due in 2030. This move is aimed at raising capital from institutional investors.
The issuance of convertible notes is a significant capital-raising activity for Alkami, indicating potential growth or expansion plans. The market may view this positively as it provides the company with additional funds, potentially boosting its stock price in the short term.
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