ABVC Biopharma induces Lind Global to exercise 1M warrants at $0.75, issues new 1M warrant at $1.00

ABVC BIOPHARMA, INC.

Lind Global exercises 1,000,000 existing warrants at reduced price of $0.75/share, generating $750,000 cash proceeds.
Company issues new 5-year warrant to purchase 1,000,000 shares at $1.00/share.
Company must register new warrant shares within 30 days, effective within 60 days, or pay $15,000/week penalty.
Placement agent Allele Capital receives 2% cash fee on warrant exercise proceeds.
Warrants stem from previous securities purchase agreements dated Feb 2023, Nov 2023, and Jan 2024.

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