AYRO grants director equity awards and amends Series H-7 preferred stock terms

Fabric.AI, Inc.

Board granted 562,992 fully vested restricted shares and 375,328 cash-settled RSUs; price per share $0.76.
Total director award value is $713,125; awards fully vested on Dec 2, 2024.
Company entered waiver and amendment with required holders to exclude director grants from anti-dilution and other provisions.
Certificate of Amendment filed with Delaware Secretary of State to modify Series H-7 Convertible Preferred Stock terms.
Director awards cover previously approved but unissued grants from Q4 2023 and full year 2024.

item 1.01 item 3.03 item 5.02 item 5.03 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.