Company: SINT
Filing Date: 2025-09-30
Form Type: S-3
Source: 0001493152-25-016341
Chunk: 22

Company: Sintx Technologies, Inc.
Filing Date: 2025-09-30
Form: S-3
Chunk 22
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 underlying the Warrants under the Securities Act,is not effective or available, the holder may, in its sole discretion, elect to exercise the Warrants through a cashless exercise, in which case the holder would receive upon such exercise the net number of shares of common stock determined according to the formula set forth in the Warrants, rather than paying the exercise price in cash. No fractional shares of common stock will be issued upon the exercise of any Warrant. In lieu of fractional shares, we will, at our election, pay the holder an amount in cash equal to the fractional amount multiplied by the exercise price or round up to the next whole share.

Stock Dividends and Splits.

If at any time on or after the date of issuance there occurs any share split, share dividend, share combination recapitalization or other similar transaction involving our common stock then in each case the exercise price shall be multiplied by a fraction of which the numerator shall be the number of shares of common stock (excluding treasury shares, if any) outstanding immediately before such event and of which the denominator shall be the number of shares of common stock outstanding immediately after such event, and the number of shares issuable upon exercise of the Warrants shall be proportionately adjusted such that the aggregate exercise price of the Warrants shall remain unchanged.

Beneficial Ownership Limitations.

A holder will not have the right to exercise any portion of the Warrants if the holder (together with its affiliates) would beneficially own in excess of 19.99% of the number of shares of common stock as such percentage ownership is determined in accordance with the terms of the Warrants.

The foregoing description of the Warrants is not complete. For the complete terms of the Warrants, please refer to the forms of the Warrants filed as exhibit to the registration statement of which this prospectus forms a part. We are registering the Warrant Shares underlying the Warrants pursuant to the registration statement of which this prospectus forms a part.

The September 2025 Warrant Transaction

On September 9, 2025, the Company closed a warrant inducement transaction where holders of 1,099,431 existing warrants agreed to exercise their existing warrants with original exercise price for cash in exchange for 1,649,147 new warrants (the “September 2025 New Warrants”) at an exercise of $4.79 per share. The transaction generated approximately $3.8 million in gross proceeds. H.C. Wainwright & Co., LLC (the “Placement Agent”) served