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Micropolis AI Robotics (MCRP) updates Streeterville Capital warrant from $5M financing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Micropolis AI Robotics reports that it has amended a previously issued warrant held by Streeterville Capital, LLC. The warrant was originally granted as part of an August 2025 financing, when the company received $5,000,000 in gross proceeds.

That financing included a convertible promissory note with an original principal amount of $5,430,000 and a warrant to purchase up to 5,000,000 ordinary shares at an initial exercise price of $5.00 per share. The amendment leaves the warrant’s exercise period, adjustment provisions, other exercise mechanics, and the related note unchanged, with all other details governed by the full Warrant Amendment text.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-42550

 

Micropolis AI Robotics

(Registrant’s Name)

 

Warehouse 1, Dar Alkhaleej Building

Dubai Production City, Dubai, UAE

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F           Form 40-F

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

As previously disclosed in the Company's Report on Form 6-K furnished to the Securities and Exchange Commission on September 2, 2025, on August 21, 2025, Micropolis AI Robotics (the "Company") entered into a Securities Purchase Agreement (the "Securities Purchase Agreement") with Streeterville Capital, LLC (the "Investor"), pursuant to which the Company received $5,000,000 in gross proceeds in consideration of the issuance of (i) a convertible promissory note in the original principal amount of $5,430,000 (the "Note") and (ii) a warrant to purchase up to 5,000,000 ordinary shares of the Company (the "Original Warrant") at an initial exercise price of $5.00 per share.

 

On March 23, 2026, the Company entered into an amendment to the Original Warrant (the "Warrant Amendment"). Pursuant to the Warrant Amendment:

 

  (i) The maximum number of ordinary shares that may be issued upon exercise of the warrant was reduced from 5,000,000 to 2,500,000 (the “Amended Warrant Shares”);

 

  (ii) The exercise price of the warrant was reduced from $5.00 per share to $2.75 per share, subject to any adjustments provided for in the warrant as amended; and

 

  (iii) The issuance of any conversion shares pursuant to the Note shall in no event be a dilutive issuance as defined in the warrant.

 

Except as expressly modified by the Warrant Amendment, the other terms of the warrant, including the exercise period, adjustment provisions and other mechanics of exercise, remain unchanged. The Warrant Amendment does not alter the terms of the Note.

 

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Warrant Amendment. 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Micropolis AI Robotics
     
Date: March 24, 2026 By: /s/ Fareed Aljawhari
  Name: Fareed Aljawhari
  Title: Chief Executive Officer and Director

 

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FAQ

What warrant did Micropolis AI Robotics (MCRP) amend in this 6-K?

Micropolis AI Robotics amended a warrant originally issued to Streeterville Capital, LLC. That warrant allows the investor to purchase up to 5,000,000 ordinary shares at an initial exercise price of $5.00 per share, granted in connection with an August 2025 financing.

How much financing did Micropolis AI Robotics (MCRP) receive from Streeterville Capital?

Micropolis AI Robotics received $5,000,000 in gross proceeds from Streeterville Capital. In exchange, the company issued a convertible promissory note with an original principal amount of $5,430,000 and the warrant that has now been amended, as described in the report.

Did the warrant amendment affect the Micropolis AI Robotics (MCRP) convertible note?

The amendment did not change the terms of the convertible promissory note. The report states that the Warrant Amendment does not alter the Note, so its original $5,430,000 principal and related terms remain in place as previously agreed.

Which warrant terms for Micropolis AI Robotics (MCRP) remain unchanged after the amendment?

Key warrant features remain unchanged after the amendment. The report specifies that the exercise period, adjustment provisions, and other mechanics of exercise stay the same, with only expressly modified terms governed by the detailed Warrant Amendment document.

Who signed the Micropolis AI Robotics (MCRP) 6-K related to the warrant amendment?

The 6-K was signed on behalf of Micropolis AI Robotics by Fareed Aljawhari. He is identified in the report as the company’s Chief Executive Officer and Director, executing the filing under the requirements of the Securities Exchange Act of 1934.
Micropolis AI Robotics

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Computer Hardware
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United Arab Emirates
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