M-tron Industries, Inc. announced the extension of the expiration of warrants to purchase shares of its common stock.
The warrants, originally set to expire on December 11, 2025, have been extended until December 23, 2025.
All other terms and conditions of the warrants remain unchanged.
Extension of Warrant Expiration
The Board of Directors extended the warrants' expiration from December 11 to December 23, 2025.
Warrant Details
Each Warrant allows the purchase of one share of common stock at an exercise price of $47.50 per share.
Over-Subscription Privilege
Warrant holders exercising in full can subscribe for any or all shares issuable from unexercised warrants with specific conditions.
- The extension provides existing warrant holders with additional time to exercise their rights.
- The over-subscription privilege offers a unique opportunity for warrant holders to potentially acquire more shares at the prescribed price.
M-tron Industries' decision to extend the warrant expiration demonstrates flexibility and consideration for its warrant holders, providing them with more time to act on their investment options.