Form S-3ASR Unity Software Inc.

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Wolfe Research Downgrades Unity Software (U) to Peerperform

November 13, 2023 4:14 AM UTC

Wolfe Research analyst Gal Munda downgraded Unity Software (NYSE: U) from Outperform to Peerperform.

The analyst comments "U reported results below consensus on revenue but above on EBITDA and announced changes including removing unprofitable portions of its business, reducing headcount, and focusing... More

Macquarie Downgrades Unity Software (U) to Neutral, 'too many questions'

November 10, 2023 6:09 AM UTC

(Updated - November 10, 2023 8:21 AM EST)

Macquarie analyst Tim Nollen downgraded Unity Software (NYSE: U) from Outperform to Neutral with a price target of $20.00 (from $55.00).

The analyst comments "Unity delivered a surprising Q3 bottom line beat, but provided no financial guidance... More

Unity Software Inc. (U) Announces $1B Debt Offering

November 9, 2023 4:32 PM UTC

Unity Software Inc. (NYSE: U) has filed the following:

On November 8, 2022, we sold $1,000,000,000 in aggregate principal amount of our 2.0% Convertible Senior Notes due 2027 (each, a Note and, collectively, the Notes), consisting of (i) $940,000,000 in aggregate principal amount of the Notes sold to SLP VI Union Holdings, L.P., SLP VI Union Holdings II, L.P. and SLA Union Holdings, L.P. (collectively, the Silver Lake Purchasers) and (ii) $60,000,000 in aggregate principal amount of the Notes sold to Sequoia Capital Fund,... More