MattyTrader
5 months ago
ATNF going wild todayโฆ ELRA *should* benefit from thisโฆ
โโIn connection with the Closing, on September 30, 2024, we granted warrants to purchase 3,000,000 shares of common stock to Elray pursuant to a Common Stock Purchase Warrant (the โWarrant Agreementโ). The Warrants have an exercise price of $1.68 per share, the closing stock price of the Companyโs common stock on the last trading day prior to the partiesโ entry into the Purchase Agreement, and a term of seven years (through September 30, 2031). The Warrants also provide for cashless exercise rights. No shares of common stock may be issued upon exercise of the Warrants until or unless the Company has received Stockholder Approval.โโ