Bradbury Capital cuts warrant exercise price to $9.20 from $11.50
BBCI•Bradbury Capital cut the Public Warrants exercise price to $9.20 per share from $11.50 after completing a $5 million PIPE financing priced at $8 per share. The redemption trigger fell to $14.40 from $18, while each warrant remains exercisable for one ordinary share and expires October 5, 2031, unless redeemed earlier.
1. Warrant terms adjusted
Bradbury Capital cut the Public Warrants exercise price to $9.20 per share from $11.50 following completion of a $5 million PIPE financing priced at $8 per share. The redemption trigger price fell to $14.40 per share from $18.
2. Expiration unchanged
Each Public Warrant remains exercisable for one ordinary share and expires October 5, 2031, at 5:00 p.m. Eastern Time, unless redeemed earlier.
