Expion Energy amended and restated its August 2026 private placement of $9,000,000 in 8% Convertible Debentures due 2029. The restructuring eliminates the original requirement to issue Series A-1 Preferred Stock, allowing debentures to convert directly into common stock at an initial price of $4.25 per share. The amendment also updates associated warrants and registration rights agreements. Additionally, the company expanded its Additional Investment Right, permitting purchasers to acquire up to $91,000,000 in further convertible debentures over 18 months. Expion Energy operates in the energy storage sector.
