$AMSS·8-K

AMASS BRANDS · Jul 10, 5:00 PM ET

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AMASS BRANDS 8-K

Research Summary

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Updated

AMASS BRANDS Amends Warrant; Sets $1.50 Short-Term Exercise Price

What Happened
AMASS Brands Inc. announced on July 10, 2026 that it entered into Amendment No. 3 to a warrant to purchase common stock with Streeterville Capital, LLC. The amendment sets a reduced exercise price of $1.50 per share for any warrant exercise during a 30‑day period beginning on the amendment’s effective date; after that period (or if the Company ends it early) the exercise price will be $16.00 per share. The Company may terminate the 30‑day reduced‑price period at any time with two trading days’ prior written notice. All other terms of the warrant remain unchanged.

Key Details

  • Parties and date: AMASS Brands Inc. and Streeterville Capital, LLC; amendment dated July 10, 2026.
  • Temporary exercise price: $1.50 per share for a 30‑day Reduced Exercise Price Period beginning on the amendment’s effective date.
  • Post‑period exercise price: $16.00 per share after the Reduced Exercise Price Period ends or is terminated.
  • Termination right: Company can end the reduced‑price period with two trading days’ prior written notice.
  • Filing: Amendment No. 3 to the warrant is included as Exhibit 4.1 to the 8‑K.

Why It Matters
This amendment creates a limited window where the investor can buy shares at $1.50, which—if exercised—would increase the company’s outstanding shares at a low price (dilution) and would raise cash equal to the number of shares exercised times $1.50. After the window ends or is terminated, the much higher $16.00 exercise price applies, reducing the likelihood of low‑price share issuance thereafter. The filing does not state how many shares the warrant covers or whether the investor will exercise during the reduced‑price period, so the potential impact on share count and per‑share metrics is not quantified in the 8‑K.

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