Financing ·
Dogness (International) Corp issued 3,050,000 Class A Common Shares upon the exercise of outstanding warrants on…
DOGZDogness (International) Corp
Dogness (International) Corp issued 3,050,000 Class A Common Shares upon the exercise of outstanding warrants on August 13, 2026. This transaction followed an amendment to a Share Acquisition Agreement dated May 17, 2025, which reduced the equity interest in Dogness Intelligent Technology Co., Ltd. from 19.5% to 6.735%. The amended agreement requires this target equity transfer by November 6, 2026. The company's total Class A common shares issued and outstanding increased to 8,551,658 as of August 13, 2026. The warrant exercise waived beneficial ownership limitations and removed a sixty-one-day waiting period. Shares issued are subject to a nine-month lock-up period following the transfer and registration of the target equity. Dogness (International) Corp operates in the consumer electronics industry, specifically manufacturing smart pet products.