other material
confidence high
sentiment neutral
materiality 0.50
Elmet Group issues 1.17M-share warrant to Blue Moon Metals at $21.423
Elmet Group Co.
- Warrant to purchase up to 1,166,970 shares at $21.423 per share; exercisable after 6 months, expires in 3 years.
- Issued as consideration for Blue Moon's entry into binding letter agreement and investment; no cash paid.
- Beneficial ownership cap of 4.99% (increasable to 19.99%); cashless exercise if no registration statement.
- Unregistered sale exempt under Section 4(a)(2) and Rule 506; warrant shares exempt under 3(a)(9)/4(a)(2).
- Agreement dated September 21, 2026; filed as Exhibit 10.1 with 8-K.