SentinelOne Prices $1.25 Billion Convertible Notes Offering at 0% Interest

Key Facts

SentinelOne announced the pricing of a private placement of $1.25 billion in convertible senior notes with a 0.00% interest rate. The company said in a statement via Business Wire that the notes are due in 2031 and are aimed at qualified institutional buyers to raise capital that can later be converted into equity.

SentinelOne (S) closed at $24.01 on October 13, 2026, with the stock reaching a day high of $25.35 and a low of $23.46 during that session. The offering is intended for general corporate purposes or refinancing, though the share price may face short-term pressure due to potential equity dilution and hedging by institutional investors.