Tantech Holdings Ltd has filed a prospectus to register the resale of up to 43,000,026 Class A Common Shares by Selling Shareholders. The shares, which have no par value, are issuable upon the exercise of certain Series E Warrants and Series F Warrants. The company stated that it is not selling any shares under this prospectus and will not receive any proceeds from the resale by the Selling Shareholders.

The registration is being made on behalf of the Selling Shareholders to facilitate sales from time to time. While Tantech will not benefit from the share resale, it may receive cash proceeds if the Warrants are exercised for cash. The company stands to receive the total exercise price of the Series E Warrants and Series F Warrants to the extent they are exercised using cash.

The exercise price for the Series E Warrants is set at $0.30 per Common Share, while the Series F Warrants carry an exercise price of $0.35 per Common Share. Both prices are subject to adjustments. The filing details the specific terms under which these warrants may be converted into equity.

Warrant Details

The prospectus outlines the financial mechanics of the warrant exercises available to the Selling Shareholders. The table below summarizes the key pricing metrics for the two warrant series covered in the registration statement.

Tantech clarified that the registration does not involve a new offering by the company itself. The prospectus is strictly for the benefit of the Selling Shareholders who wish to divest their holdings in the future. Any adjustments to the exercise prices will be made in accordance with the terms specified in the warrant agreements.