Planet Labs Announces Upsize and Pricing of Offering of $400,000,000 of 0.50% Convertible Senior Notes Due 2030

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL) today announced the pricing of $400,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030 (the "notes†) in a private offering (the "offering†) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act of 1933, as amended (the "Securities Act†). The size of the offering was increased from the previously announced offering size of $300,000,000 aggr. ...