Envoy Medical Signs Warrant Amendment With Meteora Parties
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Envoy Medical has amended its Shortfall Warrants with the Meteora Parties, extending the expiration date to December 31, 2026. The 1,125,499 warrants will have an exercise price determined by a weekly VWAP formula, with a minimum price of $1.50 per share. The shares from the exercise and resale of the warrants are registered under the company's effective Form S-3. This amendment aims to enhance financing flexibility.
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