SINTX Technologies reports $2.01 million gross proceeds from Class B warrant call
SINTX Technologies, Inc. reported receiving aggregate gross proceeds of $2,014,645.22 following the expiration of the call period for its Class B Common Stock Purchase Warrants. The company filed a Current Report on…
SINTX Technologies, Inc. reported receiving aggregate gross proceeds of $2,014,645.22 following the expiration of the call period for its Class B Common Stock Purchase Warrants. The company filed a Current Report on Form 8-K with the Securities and Exchange Commission on October 9, 2026, detailing the financial outcome of the warrant exercise and exchange process that concluded on October 8, 2026.
The call notices for the outstanding Class B warrants were delivered to holders on October 1, 2026, pursuant to the provisions described in a previous Form 8-K furnished that same day. The designated call period ended at 5:00 p.m. Eastern Time on October 8, 2026. During this window, holders exercised or exchanged warrants covering a total of 941,423 Class B shares at a price of $2.14 per share.
To fulfill these obligations, SINTX Technologies issued 651,204 shares of common stock. Additionally, the company issued fully pre-funded warrants to purchase 290,219 shares of common stock. This specific issuance was made to accommodate applicable 9.99% beneficial ownership limitations for certain holders. The sum of these two issuances accounts for the full 941,423 Class B warrant shares that were funded and exchanged.
The Form 8-K states that the remaining Class B warrants covering 941,423 shares were not exercised and expired without consideration in accordance with their terms. Consequently, no Class B warrants remain outstanding for SINTX Technologies. The company’s Class A warrants were not affected by this specific call action.
Following the issuance of the new common stock, SINTX Technologies has 7,558,073 shares of common stock outstanding as of the close of business on October 9, 2026. The report was signed by Eric K. Olson, Chief Executive Officer of SINTX Technologies, Inc.