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Chaince Digital Shares Rise After Warrant Buyback, Cancellation

Provided by Dow Jones Sep 24, 2026, 12:42:00 PM

By Chris Wack

Chaince Digital Holdings shares rose after the company said it entered into and closed transactions under a warrant repurchase cancellation and release agreement with holders of the warrants issued in a private placement priced on Nov. 30, 2023.

The stock was 7% higher, at $4.60, in premarket trading.

The digital finance and technology company said the agreement was executed and the transaction closed on Sept. 21.

Under the agreement, the company repurchased and permanently canceled all of the warrants held by the holders for cash consideration of $2 million. No shares were issued in the transaction, and none of the warrants had been exercised.

Following the cancellation, the company said it has no warrants outstanding.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

September 24, 2026 08:42 ET (12:42 GMT)

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