$AMSS·8-K

AMASS BRANDS · May 29, 4:45 PM ET

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AMASS BRANDS 8-K

Research Summary

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Updated

AMASS BRANDS Amends Investor Warrant, Lowers Exercise Price to $5

What Happened

  • On May 29, 2026, AMASS BRANDS Inc. announced Amendment No. 1 to a warrant to purchase common stock with investor Streeterville Capital, LLC.
  • The amendment sets a reduced exercise price of $5.00 per share for any exercise during the 90-day period beginning on the amendment’s effective date (the “Reduced Exercise Price Period”). After that period ends or is terminated, the exercise price reverts to $16.00 per share.
  • The Company can terminate the Reduced Exercise Price Period at any time with two trading days’ prior written notice. All other warrant terms remain unchanged. The original warrant was issued under a Securities Purchase Agreement dated March 17, 2026 (amended April 7, 2026). The amendment is filed as Exhibit 4.1.

Key Details

  • Effective date of amendment: May 29, 2026.
  • Reduced exercise price: $5.00 per share for a 90-day period.
  • Post-period exercise price: $16.00 per share.
  • Investor: Streeterville Capital, LLC; Company may end the reduced-price window with 2 trading days’ notice.

Why It Matters

  • The amendment temporarily lowers the strike price to $5.00, which could encourage the investor to exercise the warrant during the 90-day window and result in the issuance of additional shares (potential dilution).
  • After the window, the higher $16.00 strike limits low-price exercise but the Company retains the ability to cut off the reduced-price period quickly (two trading days’ notice).
  • Investors should note this financing-related change in warrant economics when assessing potential dilution and the company’s near-term capitalization; the full amendment text is available as Exhibit 4.1 to the 8-K.

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