Innovative Eyewear raises ~$3.0M via warrant exercise at reduced price; issues new Series J warrants

Innovative Eyewear Inc

Holder exercises 2,200,544 existing warrants at reduced price of $1.35/share (original $2.60), generating ~$3.0M gross proceeds.
Company issues new Series J warrants to purchase up to 6,601,632 shares at $1.10/share, exercisable for 24 months from resale registration effective date.
H.C. Wainwright acts as placement agent; receives 7.5% cash fee, 1.0% management fee, and PA warrants for 165,041 shares at $1.6875.
Net proceeds to be used for working capital and general corporate purposes; closing occurred July 9, 2026.
Resale registration statement for Series J warrant shares to be filed within 15 days; company agrees to 30-day standstill on further equity issuances.

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