Business Wire
29 Sept 2026, 06:31 UTC · 1h ago
Verdict
Headline takes no side. We score SNOW +0.10 across two claims — slightly bullish.
+0.10slightly bullish
More positive than 51% of ticker scores this week
What the story claims
2 claims · scored −1 bearish … +1 bullish · 2 new · 0 priced in
Snowflake priced a private placement of $3.75 billion in 0.00% Convertible Senior Notes.
Newannounced today
So whatThe conversion of these notes into equity will create future share dilution.
More negative than 76% of claims this week
The offering consists of $2.0 billion in notes due 2029 and $1.75 billion in notes due 2031.
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Scored by the NIS engine · methodology.
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Newannounced today
More negative than 62% of claims this week
Which stocks this story touches
More positive than 51% of ticker scores this week
The company is successfully raising significant capital through the pricing of convertible senior notes.
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Seeking Alpha
6h ago
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SNOW hasn't traded since this ran. Last close $328.12 (Sep 28); the reaction starts at the next open.
SNOW chart →
