Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equi ty Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
During the three months ended June 30, 2024, the Company settled $504.4 million in aggregate principal amount of the 2025 Convertible Notes as a result of certain holders electing to convert such notes by issuing class A common stock. 1,267,240 shares of class A common stock were issued in respect of such conversions during the three months ended June 30, 2024. Subsequent to June 30, 2024, the Company settled $145.3 million in aggregate principal amount of the 2025 Convertible Notes as a result of certain holders electing to convert such notes by issuing class A common stock. 365,065 shares of class A common stock were issued in respect of such conversions during the period from July 1, 2024 to July 15, 2024. The shares of class A common stock issued upon conversion of the 2025 Convertible Notes were issued pursuant to the exemption from registration provided by Section 3(a)(9) of the Securities Act.
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