Cyabra issues 24,505,747 pre-funded warrants in unregistered exchange valued at $10.66 million - CYAB News | RalliesCyabra issues 24,505,747 pre-funded warrants in unregistered exchange valued at $10.66 million
C
CYAB• Separate preferred conversion
- Separately closed a preferred conversion, issuing 9,756,323 common shares and a pre-funded warrant for up to 25,006,895 shares.
Unregistered exchange and warrant issuance
- Cyabra closed an unregistered exchange on Sept. 9, 2026, cancelling Series C preferred shares valued at $10.66 million.
- Issued 24,505,747 pre-funded warrants at a $0.0001 exercise price, based on a $0.43 purchase price.
- Also issued Series A warrants for 24,505,747 shares at $0.5, expiring five years from initial exercise.
- Issued Series B warrants for 24,505,747 shares at $0.45, expiring 12 months from initial exercise.
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