NaaS Technology terminates warrants for $4.5M

NaaS Technology agrees to pay $4.5 million to terminate warrants with LMR Multi-Strategy Master Fund Limited.

Today / 12:52|Last updated: Today / 12:55

NaaS Technology terminates warrants for $4.5M — Photo: Prepared by Bond.az

NaaS Technology Inc. (NASDAQ:NAAS) announced a warrant termination agreement with LMR Multi-Strategy Master Fund Limited. The agreement was executed on Monday, according to an SEC filing.

Under the terms, NaaS will cancel warrants issued on August 8, 2025, which allowed the holder to purchase Class A ordinary shares.

The company will pay $4.5 million to LMR Multi-Strategy Master Fund Limited in monthly installments from June through December 2026.

Upon execution and first payment, the warrants and all related rights are null and void.

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