SolarEdge Technologies has successfully sold $37 million aggregate principal amount of 2.250% Convertible Senior Notes due 2029 to Goldman Sachs & Co. LLC and other initial purchasers. The notes were issued under a private placement pursuant to Section 4(a)(2) of the Securities Act, with net proceeds of approximately $36.2 million after deducting fees and expenses.The company has simultaneously entered into additional capped call transactions costing approximately $3.1 million to cover the shares underlying the notes. The maximum number of common stock shares issuable per $1,000 principal amount of notes is 37.8787, subject to adjustment as provided in the Indenture.The remaining proceeds will be allocated for general corporate purposes. The notes were issued pursuant to the indenture dated June 28, 2024, between the company and U.S. Bank Trust Company, National Association, as trustee.

SolarEdge Technologies has successfully sold $37 million aggregate principal amount of 2.250% Convertible Senior Notes due 2029 to Goldman Sachs & Co. LLC and other initial purchasers. The notes were issued under a private placement pursuant to Section 4(a)(2) of the Securities Act, with net proceeds of approximately $36.2 million after deducting fees and expenses.The company has simultaneously entered into additional capped call transactions costing approximately $3.1 million to cover the shares underlying the notes. The maximum number of common stock shares issuable per $1,000 principal amount of notes is 37.8787, subject to adjustment as provided in the Indenture.The remaining proceeds will be allocated for general corporate purposes. The notes were issued pursuant to the indenture dated June 28, 2024, between the company and U.S. Bank Trust Company, National Association, as trustee.