other material
confidence high
sentiment neutral
materiality 0.40
AEON Biopharma to redeem all public warrants at $0.10 each; cashless exercise required
AEON Biopharma, Inc.
- Redemption price set at $0.10 per warrant; redemption date April 29, 2024.
- Triggered because common stock closed at $11.60 on March 28, meeting $10 threshold for 20 of 30 days.
- Warrant holders must exercise on a cashless basis; number of shares determined by 10-day VWAP after notice.
- Public warrants (CUSIP 00791X118) delisted and void after redemption date; private placement warrants excluded.