6-K - Micropolis AI Robotics | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Micropolis AI Robotics entered into a Warrant Amendment on March 23, 2026, reducing the maximum ordinary shares issuable under the Original Warrant from 5,000,000 to 2,500,000 and the exercise price from $5.00 to $2.75 per share. The amendment excludes Note conversion shares from being dilutive issuances and leaves other warrant terms and the Note unchanged.

Key Takeaways

1Entered Warrant Amendment with Streeterville Capital, LLC on March 23, 2026

2Original Warrant max shares reduced from 5,000,000 to 2,500,000 ordinary shares

3Original Warrant exercise price reduced from $5.00 to $2.75 per share

4Note conversion shares not considered dilutive under amended warrant

5Original transaction: $5,000,000 proceeds for $5,430,000 convertible note and warrant on August 21, 2025

6Note terms unchanged by Warrant Amendment

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

$5.0M$5.4M$5.00$5.00

Transaction Details

Material Agreement

Agreement: Warrant Amendment
Parties: Micropolis AI Robotics, Streeterville Capital, LLC

•Maximum number of ordinary shares that may be issued upon exercise reduced from 5,000,000 to 2,500,000
•Exercise price reduced from $5.00 per share to $2.75 per share, subject to adjustments
•Issuance of any conversion shares pursuant to the Note shall in no event be a dilutive issuance
•Other terms of the warrant, including exercise period, adjustment provisions and mechanics, remain unchanged
•Does not alter the terms of the Note

Exhibits (1)

6-K

REPORT OF FOREIGN PRIVATE ISSUER