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AXON 8-K: Acquisition

Axon

Filed with the SEC on · accession 0001628280-26-071150

AXON filed a 8-K (current report) with the SEC on Nov 5, 2026. Axon announced an incremental minority investment of approximately $1.2 billion in Skydio, Inc., increasing its ownership from approximately 15% to approximately 37% on a fully diluted basis. The stock moved -9.8% by the first close after the filing.

Summary of the filing

Axon announced an incremental minority investment of approximately $1.2 billion in Skydio, Inc., increasing its ownership from approximately 15% to approximately 37% on a fully diluted basis. The consideration is expected to be approximately 60% cash (~$720 million) and 40% Axon common stock, with the initial closing of ~$254.9 million occurring on November 5, 2026.

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Key details

Total incremental minority investment in Skydio$1.2B
Cash portion of total consideration$720.0M
Initial closing purchase price for 25,000,000 Series G Preferred shares$254.9M
Per share purchase price for Series G Preferred Stock$10
Acquirer/investorAxon Enterprise, Inc.
Target/investeeSkydio, Inc.

How AXON stock reacted

Close before

$424.18

Nov 4, 2026

First close after

-9.81%

$382.56

5 trading days

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Since filing

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Frequently asked questions

What did AXON file with the SEC on Nov 5, 2026?

AXON filed a 8-K (Acquisition). Axon announced an incremental minority investment of approximately $1.2 billion in Skydio, Inc., increasing its ownership from approximately 15% to approximately 37% on a fully diluted basis. The consideration is expected to be approximately 60% cash (~$720 million) and 40% Axon common stock, with the initial closing of ~$254.9 million occurring on November 5, 2026.

What does a acquisition mean for AXON stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did AXON stock react to this filing?

AXON closed at $424.18 before the filing and $382.56 on Nov 5, 2026 (-9.81%).

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