Press release
June 25, 2026
Robinhood Closes Offering of $2.2 Billion of 0.00% Convertible Senior Notes Due 2029
Robinhood Markets, Inc. (HOOD)
Transaction raised $2.2 billion, enhancing strategic flexibility to invest for future growth Approximately $290 million of proceeds used to repurchase outstanding Class A common stock $123.2 million of proceeds used to acquire capped calls intended to offset any share dilution elevating conversion