Warrants

Colombier Acquisition Corp. III has priced its IPO at $10 per unit, raising $260 million. The special purpose acquisition company’s units will trade on the NYSE under “CLBR U.” Each unit includes a Class A ordinary share and a fraction of a redeemable warrant. The company, a blank check entity, will target businesses where its management team’s expertise offers a competitive edge.

Nuwellis has secured approximately $5 million in gross proceeds through a private placement and warrant inducement. The company sold common stock or pre-funded warrants alongside private placement warrants. Additionally, existing warrants were exercised, and new warrants were issued at a lower strike price. This financing is intended to bolster Nuwellis’s balance sheet, supporting research, development, and operational expenditures in the cardiorenal care sector.

Revelation Biosciences is raising approximately $11 million by exercising outstanding warrants at $0.86 per share. This move also involves issuing new warrants for an additional 26,130,000 shares, contingent on stockholder approval. The capital will support the company’s clinical-stage life sciences operations. This financing strategy, while common, may lead to shareholder dilution. The market’s reaction historically has been mixed to such equity-linked financing.

Ondas Holdings Inc. successfully raised approximately $959.2 million in net proceeds through a registered direct offering. The offering, which included common stock equivalents and warrants, was priced at a premium, signaling strong investor confidence. The capital will fuel corporate development, including strategic acquisitions and investments to drive growth in autonomous systems and private wireless solutions. This substantial funding positions Ondas for expansion and innovation, with potential for an additional $3.4 billion in gross proceeds if warrants are exercised.

Organto Foods is launching an early exercise incentive program to encourage holders of its outstanding warrants to exercise them ahead of schedule. This initiative, pending TSX Venture Exchange approval, offers warrant holders one additional warrant for every three exercised, in exchange for early conversion. If successful, the program could generate significant capital for Organto Foods, potentially up to $6 million, to fund operations and growth. While this strategy can bolster immediate cash flow, it also introduces potential share dilution.

AmeriTrust Financial Technologies has raised $36.19 million in gross proceeds through its initial brokered offering. The funds will be used to restart lease origination activities in Q1 2026 and strengthen working capital. The financing involved the sale of Debenture Units and Life Units, with specific terms for debentures, warrants, and acceleration clauses. This capital infusion supports AmeriTrust’s automotive finance platform and plans for structured risk management in lending. The offering was co-led by Clarus Securities and Cormark Securities, who received commissions and broker warrants. Insider participation is noted as a related-party transaction. A second tranche is expected in January 2026, and the company has an option for further proceeds.

.Miluna Acquisition Corp (NASDAQ: MMTXU) announced that, on or about December 15 2025, unit holders may elect to split their units into ordinary shares and warrants for separate trading. Post‑split, shares will trade under ticker MMTX and warrants under MMTXW, while unsplit units will continue under MMTXU. The split aims to give investors flexibility, potentially enhancing liquidity and price discovery for each security.

.ITHAX Acquisition Corp III priced its IPO at $10 per unit, raising $200 million from 20 million units. Each unit includes one Class A share and half a redeemable warrant (full warrant exercisable at $11.50). Trading begins on Nasdaq Global Market under ITHAU on Dec 12 2025. Sponsor Orestes Fintiklis, founder of Ithaca Capital Partners, will serve as CEO, CFO and chairman. The SPAC seeks a merger in asset management, leisure, hospitality, travel, entertainment, gaming or related sectors using AI and digital assets. Underwriters have a 45‑day option for up to 3 million extra units.

Top Wealth Group Holding (NASDAQ: TWG) closed a best‑efforts public offering on Dec 10, 2025, selling 720,000 units at $7.00 each and generating $5.04 million in gross proceeds. Each unit comprises one Class A share, a 5‑year Series A warrant and an 18‑month Series B warrant, all exercisable at $7.00 immediately, offering up to $10.08 million extra if fully exercised. Univest Securities acted as exclusive placement agent. Net proceeds are slated for general corporate and working‑capital needs.

Advanced Gold Exploration (CSE: AUEX) closed a non‑brokered private placement on Nov 27, 2025, issuing 5 million units at $0.05 each and raising $250,000. Each unit contains one common share and half a warrant exercisable at $0.065 per share for two years. Insiders subscribed for 2.8 million units; the company paid $8,500 cash and issued 170,000 shares as finder compensation. Proceeds will fund working capital, drilling and technology‑driven exploration. All securities are subject to a 4‑month‑plus‑1‑day hold period. Post‑placement, insider Arndt Roehlig holds ~19 % undiluted (≈26 % partially diluted).