other material
confidence high
sentiment neutral
materiality 0.50
Tigo Energy redeems all outstanding warrants at $0.01; exercise deadline Sept 8, 2023
TIGO ENERGY, INC.
- Redemption price $0.01 per warrant; all unexercised warrants void after 5:00 PM ET on Sept 8, 2023.
- Triggered by common stock closing at or above $18.00 for 20 of 30 trading days through Aug 4, 2023.
- Holders may exercise warrants at $11.50 per share in cash until redemption date; stock closed at $21.30 on Aug 8.
- Warrants trade under TYGOW; common under TYGO; exercise instructions via Continental Stock Transfer.