FingerMotion sells stock and warrants for $4.0 million net in registered direct offering
On August 31, 2026, FingerMotion issued 3,958,055 common shares at $0.24 each and pre-funded warrants for 12,708,611 shares in a registered direct offering, netting about $4.0 million after offering expenses. The company also ended its at-the-market sales agreement with R.F. Lafferty & Co., Inc., originally dated October 23, 2025. The sale adds shares and potential shares to the count, which dilutes existing shareholders, and the proceeds are earmarked for general corporate and working capital purposes.
Key points
- Issued 3,958,055 common shares at $0.24 per share on August 31, 2026
- Sold pre-funded warrants for 12,708,611 shares; each warrant priced at $0.2399 with a $0.0001 exercise price
- Netted approximately $4.0 million after estimated offering expenses, for general corporate and working capital purposes
- Terminated at-the-market sales agreement with R.F. Lafferty & Co., Inc., originally dated October 23, 2025
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.