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Warrants
 3 Months Ended
Jul. 31, 2025
Warrants  
Warrants

Note 13 - Warrants

 

The following tables summarizes information with respect to outstanding warrants to purchase common stock during the three months ended July 31, 2025 (Successor):

 

Predecessor             

Weighted

     
           Weighted   Average     
           Average   Remaining   Aggregate 
   Warrants   Exercise   Life   Intrinsic 
   Outstanding   Exercisable   Price   In Months   Value 
                     
Outstanding at April 30, 2025   -    -    -    -    - 
    -                     
Granted   -    -    -    -    - 
                          
Exercised   -    -    -    -    - 
                          
Expired   -    -         -    - 
                          
Outstanding at June 6, 2025   -    -    -    -    - 

 

Successor          Weighted  

Weighted

Average

     
           Average   Remaining   Aggregate 
   Warrants   Exercise   Life   Intrinsic 
   Outstanding   Exercisable   Price   In Months   Value 
                     
Outstanding at Jun 7, 2025   616,338    616,338   $60.08    20    - 
                          
Granted   -    -    -    -    - 
                          
Exercised   (119,535)   (119,535)  $60.00    19    - 
                          
Expired   -    -    -    -    - 
                          
Outstanding at July 31, 2025   496,803    496,803   $60.10    19    - 

 

The following tables summarizes information about warrants outstanding at June 6, 2025 (Predecessor) and July 31, 2025 (Successor):

 

              
Predecessor   Warrants   Weighted Average 
Exercise price   Outstanding   Exercisable   Months Outstanding 
                  
 -    -    -    - 
                  
 -    -    -    - 
                                                      
      -    -    - 

 

 

CEA Industries Inc.

Notes to Condensed Consolidated Financial Statements

July 31, 2025

(in US Dollars except share numbers)

(Unaudited)

 

Successor   Warrants   Weighted Average 
Exercise price   Outstanding   Exercisable   Months Outstanding 
              
$60.00    472,590    472,590    19 
                  
$61.95    24,213    24,213    19 
                  
      496,803    496,803    19 

 

During the period June 6, 2025 to July 31, 2025 (Successor), two warrant holders exercised a total 119,535 warrants on a cashless basis resulting in the issuance of 17,582 shares of common stock.

 

As further discussed in Note 17 Subsequent Events below:

 

Effective August 6, 2025, the Company issued 7,750,510 prefunded warrants and 49,504,988 stapled warrants in connection with its Private Placement Offering, 990,100 warrants in connection with its Asset Management Agreement and 6,930,697 warrants in connection with its Strategic Advisor Agreement.

 

Effective August 13, 2025, a warrant holder exercised 1,756 warrants on a cashless basis resulting in the issuance of 66 shares of common stock.