FreeCast warrants expire, returning 6.5 million shares to unissued status

Go back to FreeCast warrants expire, returning 6.5 million shares to unissued status

FreeCast Announces Expiration of April 2026 Warrants and Return of Reserved Shares to Authorized but Unissued Status

June 2, 2026 6:00 AM EDT

ORLANDO, Fla.--(BUSINESS WIRE)-- FreeCast, Inc. (Nasdaq: CAST), a digital streaming and media technology company, today announced that substantially all warrants issued in April 2026 to accredited investors have expired unexercised, resulting in the return of 6,493,587 previously reserved shares of Class A common stock to the status of authorized but unissued shares.

The warrants were originally issued on April 8, 2026, to 137 accredited investors and represented the right to purchase an aggregate of 6,743,587 shares of FreeCast Class A common stock. The warrants were initially issued with an exercise price of $4.25 per share and an expiration... More