Picard Medical issues 200,000 shares in exchange for warrants
PMI•Picard Medical issued 200,000 shares to warrant holders on Oct. 22, 2026, in exchange for warrants and received no cash or other consideration.
1. Share issuance
Picard Medical issued 200,000 Exchange Shares to warrant holders on Oct. 22, 2026, solely in exchange for warrants. The company received no cash or other consideration, and the issuance relied on the registration exemption under Section 3(a)(9) of the Securities Act.
