AMPX is trading 6% down today at $15.84 as investors continue to react to the company’s newly priced public warrant exchange.

  • Amprius Technologies agreed to swap approximately 7.1 million public warrants for 2.7 million common shares, representing a 62% reduction in share issuance compared to standard exercise.
  • While the exchange reduces the total potential share count, the market is treating the transaction as a near-term dilution event.
  • The stock has remained under pressure since the May 15 announcement, with the deal expected to close on May 18, 2026.