Amprius Technologies announces exchange of public warrants for common stock

Amprius Technologies (AMPX) announced agreements with certain institutional holders of its public warrants, each of which is exercisable to purchase one share of common stock of the Company, par value $0.0001 per share, at an exercise price of $11.50 per Public Warrant, to exchange such Public Warrants for shares of Common Stock. In the Exchanges, the Company will issue a number of shares in exchange for 7,128,458 Public Warrants, equal to the number of Public Warrants exchanged multiplied by the quotient of the sum of: the average volume-weighted average price of the Common Stock over a period of four consecutive trading days plus $0.35, minus the Exercise Price