AMASS BRANDS Completes $7M Convertible Preferred Stock Sale to Streeterville Capital
AMSS sits 19% above its 52-week low of $3.
Summary
AMASS BRANDS completed a $6.99 million private placement of highly dilutive Series C Convertible Preferred Stock, signaling a significant capital raise with potential for substantial future dilution.
Key Events · Financing and Capital Events · AMSS
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Completed $7M Convertible Preferred Stock Sale
AMASS BRANDS issued 7,000 shares of Series C Convertible Preferred Stock to Streeterville Capital, LLC for a net purchase price of $6,990,000.00.
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Highly Dilutive Conversion Terms
The preferred shares are convertible into common stock at a price that can be the lesser of a fixed price or the market price, subject to a floor, indicating significant potential dilution for existing shareholders.
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Significant Capital Raise
The $6.99 million raised represents a substantial amount relative to the company's market capitalization, suggesting a critical need for funding.
Analysis · AMSS · Manufacturing
AMASS BRANDS has completed a significant financing round by selling $6.99 million in Series C Convertible Preferred Stock. This type of financing, especially with a variable conversion price (lesser of fixed or market price), is highly dilutive for existing common shareholders and often indicates a company's urgent need for capital. The conversion terms, including a potential market price conversion, could lead to substantial dilution.
How filings like this one have moved
In the 30 days to Aug 26, 2026, 37.4% of the 3468 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AMSS was trading at $3.58 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $53.4M. The 52-week trading range was $3.00 to $17.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.