other material
confidence high
sentiment neutral
materiality 0.60
Cyabra closes preferred exchange and conversion, issues warrants and common stock
CYABRA, INC.
- On Sept 9, 2026, closed exchange of $10.66M Series C preferred for 24,505,747 pre-funded warrants (exercise $0.0001) and Series A/B warrants (exercise $0.50/$0.45).
- Also closed conversion of Series A/B preferred: issued 9,756,323 common shares and pre-funded warrant for 25,006,895 shares.
- Conversion price of Series A/B preferred reduced to $0.435 per share; anti-dilution protections removed.
- Stockholder approval received Sept 2, 2026; amendments to certificates of designation filed with Delaware.