Jun. 12 at 6:36 PM
$AMPX Important to understand \/ --- Key level is
$18 and
$20. It's held above
$18 for 7 days, still have 13 days left. Heading back up.
Public warrants (~9.3M left after the May exchange) — exercise price
$11.50. Amprius can force redemption if the stock closes at or above
$18.00 for 20 trading days within any 30 consecutive trading days. Public holders can't exercise cashlessly, so a forced redemption effectively pushes them to pay cash to exercise.
Private warrants (~190K) — exercise price
$11.50. No redemption trigger — they can't be forcibly redeemed, and holders can exercise cashlessly.
PIPE warrants (~1.9M) — exercise price
$12.50. Redeemable if the stock holds at or above
$20.00 for 20 of 30 consecutive trading days.
All three expire September 14, 2027. So
$18 is the key stock level to watch — above that, the company can clear out the public warrants and pull in cash at
$11.50/share.
