Tessera Defense Issues 5,332,617 Restricted Shares to Mandragola in Cashless Warrant Exercises

Bitget2026/10/23 21:21

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Tessera Defense and Homeland Security issued 5,332,617 restricted common shares to Mandragola between October 20 and October 23, 2026.
The shares were issued in three tranches through cashless exercises of portions of a five-year warrant granted April 13, 2026.
That warrant was issued in connection with the acquisition of a 60% interest in Dr. Frucht Systems.
Cashless exercises have an adjusted $0.10 share-price floor; Mandragola's beneficial ownership, including affiliates, cannot exceed 9.99% following exercise.
Following the issuances, common shares outstanding totaled 25,995,794 as of October 23, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tessera Defense and Homeland Security Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-112192), on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Tessera Defense Issues 5,332,617 Restricted Shares to Mandragola in Cashless Warrant Exercises

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