Innovative eyewear, inc. announces exercise of warrants for $2.6 million gross proceeds

Miami , sept. 23, 2024 /prnewswire/ -- innovative eyewear, inc. ("innovative eyewear" or the "company") (nasdaq: lucy), the developer of smart eyewear under the lucyd®, nautica®, eddie bauer® and reebok® brands, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase an aggregate of 263,160 shares of the company's common stock originally issued by the company on may 29, 2024, each having an original exercise price of $9.50 per share, at an exercise price of $9.875 per share.
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