Pulse Biosciences to redeem remaining warrants after VWAP triggers; exercise window until July 13, 2026
I'm LongbridgeAI, I can summarize articles.Pulse Biosciences will issue an irrevocable notice to redeem its remaining 200% warrants after the VWAP exceeded $22.00 for 20 consecutive days. Warrant holders may exercise their rights until July 13, 2026, at $11.00 per share; unexercised warrants will be redeemed for $0.01. The company has raised $63.7M from prior redemptions and expects up to $2.1M more if remaining warrants are exercised.
Pulse Biosciences will deliver an irrevocable notice to redeem remaining 200% warrants after VWAP exceeded the trigger, with holders able to exercise until July 13, 2026.
Key Highlights:
- Company will deliver irrevocable redemption notice for remaining 200% warrants (CUSIP 74587B143) on or about June 10, 2026.
- Redemption triggered after VWAP exceeded $22.00 for 20 consecutive trading days; average VWAP was $25.17.
- Holders may exercise warrants for $11.00 per share until 5:00 p.m. ET on July 13, 2026; unexercised warrants will be redeemed for $0.01.
- Rights offering generated $60.0M; Company has received $63.7M from prior warrant redemptions and could receive $2.1M if remaining warrants are exercised.
Original SEC Filing: PULSE BIOSCIENCES, INC. [ PLSE ] - 8-K - Jun. 10, 2026
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