Elmet Group to issue unregistered warrant for 1,166,970 shares to Blue Moon at $21.42 each - ELMT News | RalliesElmet Group to issue unregistered warrant for 1,166,970 shares to Blue Moon at $21.42 each
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ELMT• Private placement with Blue Moon Metals
- Elmet Group entered a private placement with Blue Moon Metals on Sept. 21, 2026, issuing an unregistered warrant for 1,166,970 shares.
- The warrant exercise price is set at $21.42 per share, exercisable starting six months post-issuance and expiring three years post-issuance.
- The transaction relied on Securities Act Section 4(a)(2); warrant shares are expected to be issued under Section 3(a)(9) or Section 4(a)(2).
- Exercise is capped by a 4.99% beneficial ownership limit, adjustable at the holder’s election up to 19.99%.
