other material
confidence high
sentiment neutral
materiality 0.50
Regis Corp issues warrants for 407,542 shares at $7.00 in financing deal
REGIS CORP
- Warrants to purchase up to 407,542 shares of common stock at $7.00 per share.
- Warrants have a seven-year term from June 24, 2024; may be exercised on cashless basis.
- Company can call for cancellation up to 203,771 shares at $15.00 if VWAP exceeds $20.00.
- Warrants issued unregistered under Securities Act; exemption under Rule 506/Reg D.
- Exemption granted under Tax Benefits Preservation Plan for warrant holders.