other material
confidence high
sentiment neutral
materiality 0.40
MHW exercises warrants for 1,883,326 shares of TSS common stock; TSS receives ~$367K
TSS, Inc.
- MHW SPV II, LLC and MHW Partners L.P. exercised warrants to purchase 1,883,326 shares of TSS, Inc. common stock.
- TSS received approximately $367,000 from the aggregate exercise price of the warrants.
- The warrants were originally granted in connection with term loan agreements from 2015 and 2017.
- The warrants have been included in EPS computations since grant, except when anti-dilutive.