Micropolis AI Robotics (MCRP) updates Streeterville Capital warrant from $5M financing
Filing Impact
Filing Sentiment
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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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.