other material
confidence high
sentiment neutral
materiality 0.30
MEI Pharma reports exercise of pre-funded warrants for 2.08M shares of common stock
Lite Strategy, Inc.
- Investor exercised Pre-Funded Warrants to purchase 2,084,509 shares of common stock on July 24, 2025.
- Exercise price paid in cash was $208.45 in aggregate, representing a nominal per-share price.
- Warrants were issued under the PIPE Offering initially disclosed on July 17, 2025, with exercise price of $3.4199 per warrant.
- Shares were issued in reliance on Section 4(a)(2) and Rule 506(b) of Regulation D exemption.