Voyager Technologies descends on $350 mln convertible debt deal plans

Voyager Technologies

22/09/2026 21:46

** Defense and space tech co Voyager Technologies' VOYG.N shares down 11% at $33.41 in extended trading as it seeks capital raise
** Denver, Colorado-based firm offering privately $350 mln convertible bonds due Oct 15, 2032
** It intends to use net proceeds for general corp purposes, and some to pay cost of capped call transactions to help offset potential dilution
** VOYG ended down 0.3% at $37.53 on Tues, trimming YTD gain to about 44%
** Co has roughly $2.3 bln market cap
** 9 of 11 analysts covering VOYG rate the stock "strong buy" or "buy", 2 rate "sell"; median PT $48, per LSEG

(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))