Nova Announces Pricing of Upsized Private Offering of $650 Million of 0.00% Convertible Senior Notes due 2030
1. Nova raised $650 million through 0.00% Convertible Senior Notes for growth. 2. The offering was upsized, allowing additional $100 million to be sold. 3. Net proceeds will fund acquisitions and product developments. 4. Notes convertible based on $320.16 price, creates pressure for share price elevation. 5. Capped call transactions aim to minimize potential share dilution.