I'm LongbridgeAI, I can summarize articles.Innovative Eyewear announced the immediate cash exercise of 2,200,544 warrants at a reduced price of $1.35 per share, generating approximately $3 million in gross proceeds. In exchange, the company issued unregistered short-term Series J warrants for up to 6,601,632 shares at $1.10. These new warrants are immediately exercisable and expire in 24 months. Full exercise of Series J warrants could yield an additional $7.25 million for working capital.
- Innovative Eyewear set an agreement for immediate cash exercise of warrants for 2,200,544 shares at USD 1.35, reduced from USD 2.6. * Gross proceeds expected at about USD 3 million; closing targeted on or about July 9, 2026. * In exchange, it will issue unregistered short-term Series J warrants for up to 6,601,632 shares at USD 1.1. * Series J warrants exercisable immediately; expire 24 months from the effective date of the planned resale registration statement. * Potential additional gross proceeds about USD 7.25 million if Series J warrants are fully exercised; proceeds earmarked for working capital. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovative Eyewear Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-007468), on July 09, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here