🔴 AMPX is trading 4.1% down today after announcing a warrant-for-share exchange to cut dilution

AMPX is trading 4.1% down at $17.14 after announcing a warrant-for-share exchange that materially cuts future dilution.

• The deal swaps approximately 7.13 million public warrants (exercisable at $11.50) for roughly 2.73 million common shares.
• The move reduces overall potential dilution by an estimated 62%, though investors are weighing the immediate share issuance against a broadly weaker market backdrop.