Corporate ActionJun 15, 2026, 06:06 AM
AMASS Brands Amends Warrant Exercise Price to $3.00 for 90 Days
AI Summary
AMASS Brands Inc. has entered into Amendment No. 2 to its Warrant to Purchase Shares of Common Stock with Streeterville Capital, LLC. This amendment temporarily reduces the warrant's exercise price to $3.00 per share for a 90-day period. After this period, the exercise price will return to $16.00 per share, though the company retains the option to terminate the reduced price period earlier with notice.
Key Highlights
- AMASS Brands Inc. entered into Amendment No. 2 to the Warrant to Purchase Shares of Common Stock with Streeterville Capital, LLC.
- The amendment modifies the exercise price of the warrant.
- The exercise price is reduced to $3.00 per share for a 90-day period.
- Following the 90-day period, the exercise price will revert to $16.00 per share.
- The company can terminate the reduced exercise price period with two trading days' prior written notice.
Price Impact
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