AMPX is trading 10.4% down today at $15.10 as investors react to the finalized exchange of 7.1 million public warrants for 2.7 million common shares.
- While the deal reduces potential future dilution compared to cash exercises, the immediate issuance of new shares is weighing on the stock price.
- Selling pressure is being exacerbated by profit-taking following a sharp multi-day rally leading up to the announcement.