other material
confidence high
sentiment neutral
materiality 0.50
Oblong receives $593K net proceeds from warrant exercises; shares outstanding rise to 1.05M
TaoWeave, Inc.
- Received ~$593,000 net ($52K fees) from exercise of 188,933 Common Warrants at $3.41438 each between Sep 17-19, 2024.
- Issued 188,933 shares of common stock; total shares outstanding as of Sep 20, 2024: 1,051,545.
- Series F Convertible Preferred Stock outstanding unchanged at 545 shares.
- Reverse stock split (1-for-40) effective Aug 23, 2024 had reduced shares; warrant exercises added back.