---
title: "Gaxos.ai closes warrant exercise at reduced $1.2 per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296140843.md"
description: "Gaxos.ai completed a cash warrant exercise for 3,007,654 shares at $1.2 per share, generating approximately $3.6 million in gross proceeds for working capital. In exchange, investors received new unregistered warrants for 6,015,308 shares, exercisable immediately at $0.95 per share. These new warrants expire three years after the effective date of a planned resale registration statement covering the issuable shares."
datetime: "2026-08-17T20:05:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296140843.md)
  - [en](https://longbridge.com/en/news/296140843.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296140843.md)
generator: "portal-rs"
---

# Gaxos.ai closes warrant exercise at reduced $1.2 per share

-   Gaxos closed a cash warrant exercise for 3,007,654 shares at a reduced exercise price of $1.2 per share. \* Transaction generated about $3.6 million in gross proceeds for working capital and general corporate purposes. \* In exchange, investors received new unregistered warrants for 6,015,308 shares, exercisable immediately at $0.95 per share. \* New warrants expire three years after the effective date of a planned resale registration statement covering shares issuable on exercise. 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. Gaxos.ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608171605PRIMZONEFULLFEED9811527) on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**