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Unity Announces Pricing of Upsized $600.0 Million Offering of Convertible Senior Notes

1. Unity raises $600M through convertible notes offering for strategic growth. 2. Transaction conducted as private placement to qualified institutional buyers.

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FAQ

Why Neutral?

The offering secures non-dilutive capital at favorable terms, similar to past convertible issuances that minimally impacted share prices upon announcement.

How important is it?

The $600M capital raise supports Unity's growth plans; however, the convertible feature introduces future dilution considerations that investors should monitor.

Why Long Term?

The notes mature in 2030, indicating a long-term capital strategy that may influence growth trajectories over an extended period.

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ATVIEATTWO
SAN FRANCISCO--(BUSINESS WIRE)--Unity Software Inc. (“Unity”) (NYSE: U), the leading platform to create and grow games and interactive experiences, today announced the pricing of $600.0 million aggregate principal amount of 0% Convertible Senior Notes due 2030 (the “Notes”) in a private placement (the “Offering”) 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 aggregate principal a.

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