Corporate ActionApr 29, 2026, 04:40 PM
GEDC Issues Warrant for 6M Shares to SFO IDF LLC at $0.50
AI Summary
CalEthos Inc. issued a warrant to SFO IDF LLC on April 23, 2026, entitling the holder to purchase up to 6,000,000 shares of common stock. The initial exercise price is $0.50 per share, and the warrant is exercisable until April 30, 2032. The warrant includes provisions for cashless exercise and adjustments to the exercise price and number of shares based on certain corporate events. The shares issuable upon exercise are unregistered and subject to transfer restrictions.
Key Highlights
- CalEthos Inc. issued a warrant to SFO IDF LLC on April 23, 2026.
- The warrant allows the purchase of up to 6,000,000 shares of common stock.
- The initial exercise price is set at $0.50 per share.
- The warrant is exercisable until April 30, 2032.
- Provisions for cashless exercise of the warrant are included.
- The exercise price and number of shares are subject to adjustment for corporate actions.
- Warrant shares are unregistered and subject to transfer restrictions.
Price Impact
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