Avita Medical issues 387,716 shares following cashless warrant exercise
RCEL•Avita Medical issued 387,716 common shares to Perceptive Credit Holdings V on October 28, 2026, after Perceptive exercised a warrant covering up to 500,000 shares. The company withheld 112,284 shares to cover the exercise price.
1. Warrant exercise
Perceptive exercised the warrant on October 26, 2026. Avita Medical issued 387,716 common shares two days later and withheld 112,284 shares to cover the exercise price. The warrant was issued on June 5, 2026, under a credit agreement and guaranty dated January 13, 2026.
