|Bid||99.25 x 900|
|Ask||132.00 x 800|
|Day's Range||114.72 - 116.39|
|52 Week Range||47.17 - 116.95|
|Beta (5Y Monthly)||1.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb. 17, 2021 - Feb. 22, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||115.00|
Q2 Holdings, Inc. ("Q2") (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, announced that it has entered into privately negotiated exchange and/or subscription agreements, with certain holders of its outstanding 0.75% Convertible Senior Notes due 2023 (the "2023 Notes") and certain new investors pursuant to which Q2 will issue $350 million principal amount of 0.125% Convertible Senior Notes due 2025 (the "New Notes") consisting of (a) $210.7 million of New Notes and either shares of Q2’s common stock or cash in exchange for approximately $181.9 million principal amount of the 2023 Notes (the "Exchange Transactions") and (b) $139.3 million principal amount of New Notes for cash (the "Subscription Transactions"), in each case, pursuant to exemptions from registration under the Securities Act of 1933, as amended (the "Securities Act"), and the rules and regulations thereunder. Following the closing of the Exchange Transactions, $48.1 million in aggregate principal amount of 2023 Notes will remain outstanding with terms unchanged. The Exchange Transactions and the Subscription Transactions are expected to close concurrently on or about November 18, 2020, subject to customary closing conditions.
Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it was recognized as one of Austin’s Top Workplaces by the Austin American-Statesman for the tenth consecutive year. Headquartered in Austin, Texas, global employer Q2 was also identified recently as a Best Place to Work in Charlotte, North Carolina by the Charlotte Business Journal for the sixth year. Both awards are based on employee surveys and represent outstanding practices in benefits, policies, and culture within their region.
Shareholders of Q2 Holdings, Inc. (NYSE:QTWO) will be pleased this week, given that the stock price is up 13% to...