Fastly Inc. has entered into a new financing arrangement involving the issuance of Option Notes to initial purchasers in a private placement. The Option Notes, which have the same terms as previously issued notes under an indenture dated December 9, 2025, represent a direct financial obligation for the company. These notes were offered to qualified institutional buyers under Rule 144A of the Securities Act, and may be converted into up to 15,624,990 shares of Fastly’s Class A Common Stock, subject to certain anti-dilution adjustments. The transaction also includes additional capped call transactions to manage potential dilution from the convertible notes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fastly Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001517413-25-000350), on December 17, 2025, and is solely responsible for the information contained therein.
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