Innovative Eyewear generates $2.6M from exercise of 263,160 warrants; issues new Series E and F warrants

Innovative Eyewear Inc

Gross proceeds ~$2.6M from cash exercise of 263,160 existing warrants at $9.875/share.
Issues new Series E warrants for 263,160 shares at $9.50 per share, exercisable immediately, 5-year term.
Also issues Series F warrants for 526,320 shares at $9.50 per share, exercisable immediately, 18-month term.
Placement agent H.C. Wainwright receives 7.5% cash fee plus PA warrants for 19,737 shares at $12.3438.
Net proceeds to be used for working capital and general corporate purposes.

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