Replies to post #234459 on Zerify Inc (ZRFY)

[surfkast]

The holders will probably demand a renegotiated price.
Here is a past example. Except the company does not get any cash.

In August 2022, the Company modified the exercise price of the warrants granted to the two investors/warrant holders in May 2022 from $0.05 per share to $0.01 per share. As a result of this modification, the warrant holders exercised 50,000,000 shares of warrants and the Company received $500,000 in cash and issued 50,000,000 shares of common stock.