Precipio, Inc. announced on July 11, 2025, that it entered into an agreement with its largest warrant holder to amend the existing warrant exercise structure. Under the revised agreement, 100,000 warrants, approximately one-third of the total, will be exercised with cash.
The remaining approximately 200,000 warrants will be exercised in a cashless manner. This strategic amendment reduces the cash proceeds received to approximately $1.2 million, down from the approximately $3.8 million that would have been generated under a full cash exercise.
The primary objective of this amendment is to minimize shareholder dilution, balancing the need for capital with the protection of existing shareholder value. Management plans to provide further comments on this transaction during its upcoming quarterly shareholder call.
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