ClarificationJul 21, 2026, 05:16 PM
Elong Power Corrects Warrant Exercise Price to $0.23
AI Summary
Elong Power Holding Limited filed an Amendment No. 1 to its Report of Foreign Private Issuer on Form 6-K. The purpose of this amendment is to correct the adjusted exercise price of common warrants issued during the company's offering in May 2026. The new adjusted exercise price for each common warrant is US$0.23, which reflects the lowest VWAP during the New Issuance Adjustment Period, rounded to the nearest cent.
Key Highlights
- Elong Power Holding Limited filed Amendment No. 1 to its Form 6-K.
- The amendment corrects the adjusted exercise price of common warrants.
- The corrected adjusted exercise price is US$0.23.
- Warrants were issued in the company's offering completed in May 2026.
- The price represents the lowest VWAP during the New Issuance Adjustment Period, rounded to the nearest cent.
Price Impact
More from ELPW