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Stock impact report

MongoDB Announces Redemption of All of Its Outstanding Convertible Senior Notes due 2026 [Yahoo! Finance]

MongoDB, Inc. - Class A (MDB) 
Last mongodb, inc. - class a earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.mongodb.com/investor-relations
Company Research Source: Yahoo! Finance
leading, modern general purpose database platform, today announced that it issued a notice of redemption for all aggregate principal amount outstanding of its 0.25% convertible senior notes due 2026 (the "Notes"). The redemption date will be December 16 , 2024. The redemption price with respect to any redeemed note will equal 100% of the principal amount thereof, plus accrued and unpaid interest, from July 15, 2024 , to, but excluding the redemption date. On the redemption date, the redemption price will become due and payable upon each note to be redeemed and interest thereon will cease to accrue on and after the redemption date. The notes may be converted by holders at any time before 5:00 p.m. New York City time) on December 13, 2024 (the "conversion deadline"). The conversion rate for notes converted after today and through the conversion deadline is equal to 4.9260 shares of common stock of MongoDB, par value per share (the "Common Stock"), per principal amount of the notes, wh Show less Read more
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