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    SFTGQ — Shift Technologies News Story

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    Brief: Shift Technologies, Inc. Announces $75,000,000 Convertible Notes Offering

    Picture of Shift Technologies logoShift Technologies
    24/05/2021 12:04
    May 24 (Reuters) - Shift Technologies, Inc.  SFT.O :
    * SHIFT TECHNOLOGIES, INC. ANNOUNCES $75,000,000 CONVERTIBLE
NOTES
OFFERING
    * SHIFT TECHNOLOGIES, INC. - INTENTION TO OFFER $75 MILLION
CONVERTIBLE SENIOR NOTES DUE 2026
    * SHIFT TECHNOLOGIES, INC. - EXPECTS TO USE A PORTION OF NET
PROCEEDS FROM THIS OFFERING TO PAY COST OF CAPPED CALL
TRANSACTIONS
    * SHIFT TECHNOLOGIES- EXPECTS TO ENTER INTO PRIVATELY
NEGOTIATED
CAPPED CALL TRANSACTIONS WITH CAPPED CALL COUNTERPARTIES

Source text for Eikon:  ID:nGNX6wSvq8 
Further company coverage:  SFT.O 

 ((Reuters.Briefs@thomsonreuters.com;))

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