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
Entered Warrant Amendment with Streeterville Capital, LLC on March 23, 2026
Original Warrant max shares reduced from 5,000,000 to 2,500,000 ordinary shares
Original Warrant exercise price reduced from $5.00 to $2.75 per share
Note conversion shares not considered dilutive under amended warrant
Original transaction: $5,000,000 proceeds for $5,430,000 convertible note and warrant on August 21, 2025