Bradbury Capital Inc. Announces Adjustment to Public Warrant Exercise Price Following Completion of $5 Million PIPE Financing
Key Highlights
- ➤$5 million PIPE funded 625,000 shares at $8.00 each
- ➤Public warrant exercise price cut from $11.50 to $9.20
- ➤Redemption trigger price reduced from $18.00 to $14.40
- ➤Warrant share ratio remains one ordinary share per warrant
- ➤Warrants expire October 5, 2031, unless earlier redeemed
KUALA LUMPUR, Malaysia, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Bradbury Capital Inc. (NASDAQ:BBCI and BBCIW) a Malaysian company that provides electronic voucher services and develops digital payment solutions through its subsidiary, Super Apps Holding Sdn. Bhd. (“Super Apps”) and strategic partnerships, today announced an adjustment to the exercise price and the number of shares of common stock issuable upon exercise of its outstanding public warrants (the "Public Warrants").
Concurrently with the closing of the business combination on October 6, 2026, the Company completed a PIPE investment, pursuant to which an investor purchased 625,000 ordinary shares of the Company at a per share price of $8.00 for an aggregate purchase price of $5 million. All of the proceeds of the PIPE investment were applied to finance the expenses of the business combination and represented more than 60% of the proceeds available for the funding of the business combination on the closing date.
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