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M-tron Industries, Inc. Announces Exercise Results of Dividend Warrants Distributed in April 2025
Prnewswire· 2026-01-06 13:55
Core Insights - M-tron Industries, Inc. successfully completed the exercise of warrants, with 100% of the shares available being issued, generating approximately $27.7 million in gross proceeds for the company [1][5] Group 1: Warrant Exercise Details - The warrants were granted on April 25, 2025, and expired on December 23, 2025, with a total of 582,233 shares of common stock issued [1][5] - The warrants allowed holders to purchase one share of common stock at an exercise price of $47.50, with an over-subscription privilege for those who exercised their warrants in full [3] Group 2: Company Strategy and Financial Impact - The strong participation in the warrant exercise reflects significant shareholder support and confidence in the company's strategy and national security mission [2] - The completion of the warrant dividend program has strengthened the company's balance sheet, providing flexibility for future investments in growth and expansion of its product portfolio [2]