Fractyl Health calls 17.1M Tranche A Warrants at $1.05; stock at $2.24, deadline Dec 30

FRACTYL HEALTH, INC.

17,063,073 Tranche A Warrants outstanding; exercise price $1.05; stock closed at $2.24 on Dec 15.
Holders must exercise by 6:30 p.m. ET on Dec 30, 2025; unexercised warrants cancelled for $0.00001 each.
If all warrants exercised, company would receive ~$17.9M in gross proceeds to strengthen balance sheet.
Call enabled by achievement of VWAP >$1.37 for 15 consecutive days and avg daily volume >$2M, plus REMAIN-1 data release Sep 26.
Warrants issued in August 2025 public offering; shares underlying warrants registered under SEC File 333-285522.

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