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u/Dependent_Guard_149
1 day ago
:Bagger: ๐๐๐น๐น๐ถ๐๐ต :Bullish:
SXTC Corrects Warrant Exercise Price From $1.50 to $2.75 in Recent SEC Filing
According to information about the companyโs October 8, 2026 Form 6 K filing, the initial warrant exercise price was incorrectly reported as $1.50. The corrected exercise price is $2.75 per Class A ordinary share.
**Here are the key details:**
Offering size: $12 million
Warrants involved: 8 million
Originally reported exercise price: $1.50
Corrected exercise price: $2.75
Recent share price: Approximately $0.13
The correction represents a substantial increase in the warrant exercise price. This means warrant holders would generally need a much higher share price before exercising