A10 Networks issues unregistered warrant to Microsoft for up to 800,000 shares at $0.01 each

A10 Networks issued an unregistered warrant to Microsoft to buy up to 800,000 common shares at an exercise price of $0.01 per share.

• The warrant was issued under a private placement exemption, with shares to be issued in reliance on Securities Act Section 4(a)(2).
• Vesting is tied to Microsoft purchase thresholds, split into two tranches of up to 400,000 shares each, measured through June 30, 2027 and June 30, 2028.
• Exercisability starts Jan. 1, 2028 for the first tranche, Jan. 1, 2029 for the second tranche, running to Aug. 3, 2036.