Innovative Eyewear, Inc. entered into an inducement agreement on July 8, 2026, with a warrant holder to facilitate the exercise of 2,200,544 existing warrants at a reduced price of $1.35 per share, down from $2.60. In exchange, the company is issuing Series J warrants to purchase up to 6,601,632 shares of common stock at $0.125 per warrant and an exercise price of $1.10 per share. The transaction generated approximately $3.0 million in gross proceeds, intended for working capital and general corporate purposes. H.C. Wainwright & Co., LLC acted as the exclusive placement agent. Innovative Eyewear, Inc. is an eyewear company.