Amprius Technologies, Inc.

Amprius Technologies, Inc. has entered into a Second Amendment to its Industrial Lease Agreement for its facility located in Fremont, California. This amendment extends the lease term by an additional 84 months, commencing July 1, 2027, and expiring June 30, 2034. The total future lease payments resulting from this extension are estimated to be approximately $10.5 million, with base rent subject to annual escalation. The company also secured two options to further extend the lease for five-year periods each.

Amprius Technologies reported a significant increase in revenue for the second quarter of 2026, reaching $34.03 million, up from $15.07 million in the prior year. The company also narrowed its net loss to $(3.15) million, an improvement from $(6.37) million in Q2 2025. Despite these improvements, Amprius continues to experience negative cash flows from operations and relies on warrant exercises for additional funding, with an accumulated deficit of $(226.56) million as of June 30, 2026.

Amprius Technologies reported strong financial results for the second quarter ended June 30, 2026, with revenue more than doubling year-over-year to $34.0 million and gross margin expanding to 27%. The company also significantly improved its net loss and Adjusted EBITDA compared to the prior year. Bolstered by healthy demand and new customer wins, including a $24 million drone order and a multi-year contract with Stark Future exceeding $100 million, Amprius raised its full-year 2026 revenue outlook to at least $140.0 million and reiterated targets for net loss below $10.0 million and positive Adjusted EBITDA of at least $4 million.

Amprius Technologies, Inc. filed an amendment to its Form 8-K, providing an update on the warrant exchange agreements. The company completed the transactions on May 18 and May 19, 2026, issuing an aggregate of 2,726,631 common shares to institutional holders. These shares were exchanged for public warrants, with the issuance relying on Section 4(a)(2) of the Securities Act.

Amprius Technologies entered into Warrant Exchange Agreements on May 6, 2026, with institutional holders to exchange 7,128,458 public warrants for common stock. The exchange ratio is determined by a formula involving the average volume-weighted average price (VWAP) over a four-day period starting May 11, 2026, a $0.35 premium, and the $11.50 exercise price. The closing is anticipated on May 18, 2026, with the newly issued shares being unregistered under Section 4(a)(2) of the Securities Act.

Amprius Technologies reported a significant increase in revenue for the first quarter of 2026, reaching $28.5 million, up from $11.3 million in the prior year. The company also achieved a gross profit of $5.7 million, a substantial improvement from a gross loss of $2.4 million in Q1 2025, and narrowed its net loss to $5.0 million from $9.4 million. Despite continued losses and negative operating cash flow, Amprius established a new subsidiary in China and secured a U.S. government grant, while maintaining sufficient cash for the next twelve months.

Amprius Technologies reported strong financial results for the first quarter of 2026, with revenue surging 2.5x year-over-year to $28.5 million and net loss improving by 46% to $5.0 million. The company also raised its full-year 2026 revenue outlook to at least $130.0 million, while reiterating targets for net loss below $8.0 million and positive non-GAAP Adjusted EBITDA of at least $4.0 million. Key business highlights included a $21.0 million purchase order from a new light electric vehicle customer in China and approximately $500 million in new orders from U.S. defense customers.

Amprius Technologies, Inc. will conduct its 2026 Annual Meeting of Stockholders virtually on June 11, 2026, at 10:00 am local time. Key proposals include the election of two Class I directors and the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2026. Additionally, Dr. Wen Hsieh will retire from the Board, and Livingston Satterthwaite will join the Audit Committee.

Amprius Technologies, Inc. announced that its Audit Committee approved the engagement of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026, effective April 21, 2026. Concurrently, the company dismissed BDO USA, P.C., which had served as its auditor for the year ending December 31, 2025, and prior years. The company stated that there were no disagreements with BDO on accounting principles or practices, and BDO's audit reports for 2025 and 2024 were unqualified.