Warrant Exercise
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Jackpot Digital Reports Increased Warrant Activity Led by Insider
Newsfile· 2025-11-06 13:37
Core Insights - Jackpot Digital Inc. is experiencing increased activity in the exercise of its trading warrants, with 11,167,843 warrants exercised at a price of $0.10 per share over the last 60 days, set to expire on November 20, 2025 [2] - The company is expanding its presence in the market with the rollout of its flagship product, Jackpot Blitz® dealerless electronic table games (ETGs), successfully installed in casinos across California, Louisiana, New York, and Wisconsin [3] - Mr. Lyle Berman, a notable insider and co-founder of Grand Casinos Inc., has significantly increased his holdings in the company, now owning approximately 16.74% of the outstanding common shares after exercising warrants and converting debentures [5] Company Activities - The company has seen a surge in warrant exercises, indicating strong investor interest and confidence in its future prospects [2] - Jackpot Digital is focused on licensing its products in major markets, which is expected to enhance the adoption of its electronic poker tables in low-limit games [3] - The company specializes in dealerless multiplayer electronic poker ETGs, providing a cost-effective alternative to traditional live-dealer games, aimed at optimizing gaming offerings for operators [8] Insider Transactions - Mr. Lyle Berman has filed an early warning report detailing his acquisition of securities through the conversion of convertible debentures and the exercise of warrants [4] - Prior to recent transactions, Berman held 33,452,728 common shares and 42,622,728 warrants, representing approximately 13.03% and 13.79% of the company's outstanding shares and warrants, respectively [5] - Following the latest transactions, Berman's holdings now include 46,818,828 common shares and 38,426,628 warrants, along with convertible debentures valued at $696,750, indicating a strategic increase in his investment in the company [5][6]
M-tron Industries, Inc. Announces Achievement of Trigger; Warrants Now Exercisable
Prnewswire· 2025-10-23 20:45
Core Points - M-tron Industries, Inc. has announced that the warrants to purchase shares of its common stock are now exercisable, with the exercise period extended until December 11, 2025 [1][2] - The warrants became exercisable after the average volume weighted average price (VWAP) of the common stock exceeded $52.00 per share for the prior thirty consecutive trading days, achieving this trigger on October 20, 2025 [2] - The exercise price for the common stock is set at $47.50 per share, with five warrants required to purchase one share [8] Warrant Exercise Details - All exercise notices and payments must be received by Computershare Trust Company by 5:00 p.m. on December 11, 2025 [3] - Warrant holders in street name should contact their broker or intermediary for information on exercising their warrants [3] - An over-subscription privilege is available for warrant holders who exercise their warrants in full, allowing them to subscribe for any unexercised warrants [8] Company Overview - M-tron Industries, Inc. designs, manufactures, and markets high-reliability frequency and spectrum control products [5] - The company has facilities in Orlando, Florida, Yankton, South Dakota, and a manufacturing facility in Noida, India, along with a sales office in Hong Kong [5]
Ensurge Micropower ASA - Information about the exercise period for warrants issued in connection with Private Placement in January 2025
Globenewswire· 2025-09-25 20:00
Core Viewpoint - The announcement details the exercise period for warrants issued by Ensurge Micropower ASA, allowing holders to subscribe for new shares at a specified price, emphasizing the importance of timely exercise to avoid lapse [2][3]. Group 1: Warrants Exercise Information - The exercise period for the warrants begins on 26 September 2025 and ends on 10 October 2025 at 16:30 CEST [3]. - Each warrant allows the holder to subscribe for one new share at a subscription price of NOK 1.00 [3]. - Unexercised warrants will lapse without compensation to the holder [3]. Group 2: Exercise Procedure - Warrants can be exercised by submitting a completed exercise form to the manager, Arctic Securities AS, along with payment for the new shares [4]. - The exercise form is available on the websites of both the company and Arctic Securities AS [4]. - Payment for new shares is due immediately upon exercise [4]. Group 3: Company Overview - Ensurge Micropower specializes in ultrathin, flexible, and reliable solid-state lithium microbattery technology [5]. - The company operates from Silicon Valley, employing forty specialists to develop innovative microbattery solutions for various applications, including wearables and IoT devices [6]. - Ensurge's manufacturing facility utilizes patented technology and roll-to-roll production methods, focusing on prototyping and small-scale manufacturing while planning to outsource larger production [7]. Group 4: Financial and Market Position - Ensurge is listed on the Norwegian stock exchange and is supported by reputable financial investors, indicating a strong strategic investment and collaboration [8].
Satisfaction of Additional Price Condition and Confirmation of Warrant Expiration Date
Globenewswire· 2025-08-28 21:55
Core Points - Enovix Corporation announced that the alternate price condition for its warrants was satisfied on August 28, 2025, allowing for the exercise of warrants until 5:00 p.m. New York City time on August 29, 2025 [1][2] - Approximately 12.6 million warrants have been exercised, generating approximately $110.1 million in gross proceeds for the company [3] Warrant Details - Each warrant can be exercised for one share of common stock at an exercise price of $8.75 before the deadline [3] - The last day for trading warrants on Nasdaq is August 29, 2025, with trading ceasing at 4:00 p.m. New York City time [2] - After the deadline, unexercised warrants will be void, and holders will have no further rights [4] Exercise Process - The company has instituted a process for cash-exercising warrants using a Notice of Guaranteed Delivery, allowing holders to exercise their warrants even if their financial institution cannot complete the process in time [5] - Warrant holders must submit the Notice and payment before the exercise deadline [5] Company Overview - Enovix is a leader in advanced lithium-ion battery technology, focusing on silicon-anode batteries designed for various applications, including wearable electronics and electric vehicles [7] - The company is headquartered in Silicon Valley and has facilities in India, South Korea, and Malaysia [8]
Prosafe SE: Final results of the Exercise Period for Warrants issued in the Warrants Offering
Globenewswire· 2025-08-26 09:16
Core Points - The Exercise Period for the offering of up to 17,868,651 warrants by Prosafe SE commenced on 11 August 2025 and expired on 25 August 2025, with 13,033,597 warrants exercised at an exercise price of NOK 0.15 per share [1][2] Group 1: Exercise Details - The total number of warrants exercised was 13,033,597, which represents a significant portion of the total offering [2] - Exercising warrant holders can check the number of shares allocated to them starting from 12:00 (CEST) on 27 August 2025 [3] - Payment for the new shares allocated to exercising warrant holders is due on 1 September 2025, and sufficient funds must be available by 29 August 2025 [4] Group 2: Share Capital Increase - Subject to timely payment, the share capital increase related to the new shares is expected to be registered with the Norwegian Register of Business Enterprises around 8 September 2025 [5] - The new shares will be delivered to the VPS accounts of exercising warrant holders on or about 9 September 2025 [5] Group 3: Listing Information - The shares received upon the exercise of warrants will be listed on Euronext Oslo Børs under ISIN NO0010861990 and ticker code "PRS" once fully paid and registered [6]
Neotech Metals Announces Close of Over Subscribed Private Placement and Receives Funds from Warrant Exercises
Newsfile· 2025-08-18 08:00
Core Points - Neotech Metals Corp. has successfully closed a non-brokered private placement financing, raising a total of $1,472,338 [1][3] - The financing included the issuance of 660,810 non-flow through units at $0.17 per unit and 5,440,000 flow-through units at $0.25 per unit [2] - The net proceeds from the flow-through units will be allocated for qualified expenditures related to the company's mineral properties, while the proceeds from the non-flow through units will be used for general working capital [4] Financial Details - The non-flow through units consist of one common share and one share purchase warrant, with the warrant allowing the purchase of a common share at $0.35 for two years [2] - The flow-through units also include one common share and one share purchase warrant with the same terms as the non-flow through units [2] - The company received an additional $533,885 from warrant exercises in August [5] Company Overview - Neotech Metals Corp. is focused on mineral exploration and development, particularly in rare-earth elements and rare metals [7] - The company has a diversified portfolio of projects, including the Hecla-Kilmer project and others located in British Columbia, all of which are 100% owned [9]
ARIS MINING REMINDS ARIS.WT.A WARRANT HOLDERS OF UPCOMING EXPIRY
Prnewswire· 2025-07-09 09:00
Core Viewpoint - Aris Mining Corporation is reminding warrant holders that their TSX-listed warrants will expire on July 29, 2025, and any unexercised warrants will become void [1][2]. Warrant Exercise Summary - The warrants are currently "in-the-money" with an effective exercise price of C$5.50 per share, compared to a closing share price of C$9.46 on July 8, 2025 [2]. - Approximately 48.2% of the warrants have been exercised, generating C$77.0 million (approximately US$56 million) for the company [2][5]. - If all remaining outstanding warrants are exercised, Aris Mining would receive an additional C$83.0 million (approximately US$61 million) [2][5]. Financial Position - The CEO of Aris Mining stated that the expiry of the warrants simplifies the capital structure, eliminating legacy convertible instruments and resulting in a stronger balance sheet with over US$310 million in cash as of June 30 [3]. Company Overview - Aris Mining was founded in September 2022, focusing on becoming a leading gold mining company in Latin America, combining current production with growth through expansions and exploration [6]. - The company operates two underground gold mines in Colombia, targeting an annual production rate of over 500,000 ounces of gold following recent expansions [7][9]. Future Plans - Aris Mining is pursuing acquisitions and growth opportunities to enhance value through scale and diversification [10].
SenesTech Announces Warrant Exercise for $4.4 Million in Gross Proceeds
Prnewswire· 2025-07-01 12:00
Core Viewpoint - SenesTech, Inc. has entered into definitive agreements for the immediate exercise of outstanding warrants to purchase 1,458,872 shares of common stock at an exercise price of $2.90 per share, with the transaction expected to close around July 1, 2025 [1] Group 1: Warrant Exercise and Financial Details - The company will issue new unregistered short-term warrants to purchase an additional 1,458,872 shares at an exercise price of $4.15 per share, with a purchase price of $0.125 per warrant [3] - The gross proceeds from the exercise of existing warrants are expected to be approximately $4.4 million, while potential gross proceeds from the new short-term warrants could reach approximately $6.0 million if fully exercised [4] - The net proceeds from the transaction are intended for working capital and general corporate purposes [4] Group 2: Regulatory and Compliance Information - The resale of shares from the existing warrants has been registered under an effective registration statement on Form S-3 [5] - The new short-term warrants have not been registered under the Securities Act of 1933, and may not be offered or sold in the U.S. without an effective registration statement or applicable exemption [6] Group 3: Company Overview - SenesTech is focused on humane management of animal pest populations through fertility control, with products like ContraPest® and Evolve™ designed for effective pest management [8]