View partial greenshoe lifts 6%/9% convertible PIK toggle notes to $212.31 million

By Wendy Van Sickle

Columbus, Ohio, Dec. 29 – View, Inc. sold an additional $12,307,000 of 6%/9% convertible senior PIK toggle notes due 2027 under the deal’s $40 million greenshoe, increasing the total size of the deal to $212.31 million, according to an 8-K filing with the Securities and Exchange Commission.

The company received the notice from exercising purchasers, which were entities affiliated with RXR and Anson Funds, on Dec. 26. The convertibles were originally sold in October.

Based in Milpitas, Calif., View creates smart building platforms and technologies that adjust windows to meet human needs for natural light, connection to nature, fresh air, and comfortable temperatures, while improving energy-efficiency and increasing profits for building owners and tenants.

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