Fusemachines Inc. has entered into a Third Common Stock Purchase Warrant Amendment with Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP, and Meteora Strategic Capital, LLC. The amendment, dated October 23, 2026, modifies the terms of a warrant previously held by Meteora.
The amendment changes the warrant's expiration date. The warrant will now expire at 5:00 p.m. (New York City time) on October 22, 2027, rather than October 22, 2028. Additionally, the amendment alters the mechanism for determining the exercise price. The new price will equal the average of the daily VWAP Price of the Company’s common stock for the two trading days immediately preceding the date notice of exercise is delivered. Previously, the exercise price equaled the greater of the Termination Price under a Forward Purchase Agreement and $0.85 per share.
The amendment shortens the term of the warrant and removes the requirement for a minimum exercise price. The Company filed the amendment as Exhibit 4.1 to this Current Report on Form 8-K.