Innovative Eyewear adopts limited-duration rights plan with 20% trigger, expires Sept 25, 2025

Innovative Eyewear Inc

One Right per share of common stock; exercise price $6.21 per share to purchase six shares.
Plan triggers if a person or group acquires 20%+ beneficial ownership without board approval.
Vladimir Galkin and affiliates grandfathered but become Acquiring Person on additional share purchases.
Flip-in provision: non-acquiring holders can buy shares worth 2x exercise price; redemption at $0.0001 per Right.
Rights expire Sept 25, 2025, unless earlier redeemed, exchanged, or upon certain corporate events.

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