Varonis Systems, Inc. Announces Pricing of its Upsized $400 Million of Convertible Senior Notes
Varonis Systems, Inc. (VRNS)
Last varonis systems, inc. earnings: 2/10 04:05 pm
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US:NASDAQ Investor Relations:
ir.varonis.com
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Source: GlobeNewswire
NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Company” or “Varonis”), announced today that it priced a private offering of $400 million aggregate principal amount of 1.00% Convertible Senior Notes due 2029 (the “Notes”). The Notes will only be sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $350 million aggregate principal amount of notes. The Company also granted to the initial purchasers of the Notes a 13-day option to purchase up to an additional $60 million aggregate principal amount of Notes. The sale is expected to close on September 10, 2024, subject to satisfaction of the conditions to closing. The Notes will be unsecured senior obligations of the Company. The Notes will mature on September 15, 2029, unless earlier converted, redeemed or repurch
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News
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- Varonis to Present at Upcoming Investor ConferencesGlobeNewswire
- Varonis Systems, Inc. (NASDAQ: VRNS) had its price target raised by analysts at Piper Sandler from $48.00 to $55.00. They now have a "neutral" rating on the stock.MarketBeat
- Varonis Systems, Inc. (NASDAQ: VRNS) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $65.00 price target on the stock.MarketBeat
VRNS
Earnings
- 10/29/24 - Beat
VRNS
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/13/24 - Form 144
- VRNS's page on the SEC website