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Risk vs Reward

05/15/24 11:36 AM

#218 RE: TradingCharts #217

So how is this better positioning the company ? Just asking not being negative


Amprius Announces Temporary Offer Allowing Public and Private Warrants to be Exercised at a Reduced Price
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Risk vs Reward

05/15/24 11:37 AM

#219 RE: TradingCharts #217

I get it… “ The purpose of the Offer to Exercise is to encourage the cash exercise of the Offering Warrants by temporarily reducing the exercise price. Net proceeds received from any such exercises will provide funds to Amprius for working capital, including to partially fund the Company’s development plans, and general corporate purposes. If all of the outstanding Offering Warrants subject to the Offer to Exercise are exercised at this temporarily reduced cash exercise price, Amprius would receive gross proceeds of approximately $50 million from such exercises. “