other material
confidence high
sentiment neutral
materiality 0.50
Nocera warrant exercise price automatically reset to $1.925 per share
NOCERA, INC.
- Effective Nov 14, 2022, the warrant exercise price decreased from $3.85 to $1.925 per share.
- Reset triggered by contractual formula: greater of 50% of original price or 100% of 90-day VWAP.
- Warrants issued in August 2022 public offering; exercisable at $1.925 until Aug 16, 2027.
- Exercise price remains subject to future adjustments for stock dividends, splits, or similar events.