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Corporate ActionMay 29, 2026, 04:54 PM

AMASS Brands Amends Warrant, Reduces Exercise Price to $5.00

AI Summary

AMASS Brands Inc. entered into Amendment No. 1 to the Warrant to Purchase Shares of Common Stock with Streeterville Capital, LLC. This amendment modifies the exercise price of the warrant, reducing it to $5.00 per share for a 90-day period starting May 29, 2026. After this period, the exercise price will return to $16.00 per share, though the company retains the right to terminate the reduced price period with two trading days' prior written notice.

Key Highlights

  • AMASS Brands Inc. amended a warrant with Streeterville Capital, LLC.
  • The warrant's exercise price is reduced to $5.00 per share for a 90-day period.
  • The reduced exercise price period commenced on May 29, 2026.
  • 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' notice.