By Karen Roman
Amprius Technologies, Inc. (NYSE: AMPX) said it reached deals with several institutional investors to swap its stock purchase warrants for shares of company stock.
The company will issue a number of shares in exchange for 7,128,458 public warrants and the transactions are expected to take place on May 18, 2026, it stated.
“This is an important milestone that we believe improves the technicals of our stock and proactively minimizes dilution as we drive our business forward in the most capital efficient way possible, ” said Ricardo C. Rodriguez, Amprius’ CFO.
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