For NEWSMAX Investors Only: Please go to our FAQ for instructions on how to transfer your shares.
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Valued Shareholders,
Welcome to the Monogram Technologies shareholder Frequently Asked Questions (FAQ) page. Please navigate to the section below which pertains to your security type (e.g., Series D conversation, Warrant Exercise) and click the “+” sign to view the answer to the question.
If you have any questions, please email monogram@equitystock.com. All emails will be answered in the order they are received and within 1-2 business days.
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Warrant Holders
What is a warrant?
A warrant is a type of security that gives you the right—but not the obligation—to buy a share of common stock at a specific price (called the "exercise price") before a set expiration date.
How did I get this warrant?
You received the warrant as part of your purchase of Series D Preferred Stock in our offering in 2024. It came bundled with your preferred shares and has a 12-month term. The form of Cash Purchase Warrant can be found here: https://www.sec.gov/Archives/edgar/data/1769759/000110465924079550/tm2419139d1_ex4-1.htm .
When do the warrants expire?
The warrants will expire at 5:00 PM ET on July 8, 2025. After this date and time, they will no longer be exercisable and will have no value.
What happens if I do not exercise the warrant?
If you choose not to exercise your warrant before it expires, it will simply expire worthless. You will still keep your Series D Preferred Stock —your ownership of that is not affected in any way.
Is exercising the warrant required?
No. Exercising the warrant is entirely optional. You can ignore the warrant if you are not interested in buying additional common stock.
What does “exercise” mean in this context?
“Exercising” a warrant means paying the stated exercise price to buy a share of common stock from the company, based on the terms of the warrant. Each warrant is exercisable to purchase one share of our Common Stock at an exercise price of $3.375 per share. There is also a Warrant Exercise Notice that needs to be provided at the time of exercise. It is attached as Exhibit A to your Warrant Certificate.
Is the warrant “in the money”?
Currently, as of the date of this communication, the market price of our common stock is below the exercise price of the warrant. This means the warrant is "out of the money," and exercising it now would cost more than simply buying shares on the open market (if available).
I don’t understand how to exercise the warrant. Can someone help?
Yes. Please proceed to the FAQ item HOW DO I EXERCISE MY WARRANTS? Further down below this to list to view instructions on how to exercise your warrants. You may also contact us at monogram@equitystock.com, but please note that email replies may take up to 48 hours due to volume.
Should I exercise my warrant?
We cannot provide investment advice. Whether to exercise your warrant depends on your personal financial goals and situation as well as current market conditions. Please consult your financial advisor.
Will I be charged anything if I choose not to exercise the warrant?
No. If you do not exercise the warrant, you do not owe anything and no action is required. The warrant will simply expire.
Do I need to return or cancel the warrant if I don’t want to exercise it?
No. There is no need to return or cancel the warrant. If you take no action by the expiration date, the warrant will automatically expire and become void.
Can I sell or transfer my warrant to someone else before it expires?
In most cases, warrants like these are not listed for trading and are not easily transferable. If you are unsure, contact your broker to confirm whether transfer is possible.
Why did I receive this warrant in the first place?
The warrant was included as an added feature in the offering when you purchased your Series D Preferred Stock. It gave you a limited-time opportunity to buy common stock at a fixed price, separate from your preferred stock.
Will exercising the warrant give me the same rights as the Series D Preferred Stock?
No. If you exercise the warrant, you will receive common stock, not additional preferred shares. Common stock has different rights and features than preferred stock, including different voting and dividend rights.
How do I exercise my Warrants?
Warrantholder Exercise Process for Individual Accounts
Accessing the Warrant Exercise Function
- To access the warrant exercise function, login to your securityholder account at my.equitystock.com using your email address.
- Once logged in, navigate to Transactions > Exercises on the left-hand side of the screen and click the blue "New Exercise Request" button. This will open the "Create Exercise Request" screen.
Entering Exercise Details
- In the Account Holder dropdown, select the registration that holds the warrant you wish to exercise.
- In the Securities to Exercise dropdown, choose the warrant issue "Warrant Expiring 07/09/25"
- In the Exercise Quantity field, enter the number of warrants you intend to exercise.
- Click Next to proceed. This will return you to the status tracker, which will guide you through the exercise process.
Completing the Exercise Notice
- On the status tracker, click the blue arrow icon next to "Generate DocuSign Email(s)"
- A popup will appear confirming that the Exercise Notice will be prepared and sent for your signature. Click Send to proceed.
- The Exercise Notice will be emailed to you via DocuSign. Follow the instructions in the email to complete your electronic signature.
Making Payment
- On the status tracker, click the blue arrow icon next to "Select Payment Method" under the Payment section.
- Choose your preferred payment method from the available options and follow the instructions to complete your payment.
Exercise Request Completion
- Your exercise request and payment notification will be sent to the Issuer for approval and confirmation of receipt of payment.
- Once approved, your warrant exercise will be processed.
- You will receive an email confirmation once the process is complete and instructions on how to generate your DRS account statement and present it to your broker. Your broker initiates the transaction (vis DRS) to pull the shares from our systems.
Please note that due to the anticipated volume of transactions you can send an email to warrants+monogram@equitystock.com. Please also note that all securities transfers to brokerages are conducted using DRS transfers only.
I cannot seem to get the login email when I enter my email address. What do I do?
A login email is sent from noreply@equitystock.com and will come under the subject “Login to Equity Stock Transfer”. This is a secure email coming from us.

Please click on the Log In button and a secure 6-digit code will be sent to your mobile phone. Please enter that code into the website with the 6 boxes to enter.
My broker’s transfer form asks for Equity Stock Transfer’s DRS DTC number. What is that number?
7925
What is Direct Registration System (DRS)?
DRS is an electronic book-entry system which allows for seamless transfer of your shares to your brokerage via The Depository Trust Company (DTC). You can find more information on DRS and how it works directly on DTCC’s website.
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Series D Preferred Stock Conversions
I cannot seem to get the login email when I enter my email address. What do I do?
A login email is sent from noreply@equitystock.com and will come under the subject “Login to Equity Stock Transfer”. This is a secure email coming from us.

Please click on the Log In button and a secure 6-digit code will be sent to your mobile phone. Please enter that code into the website with the 6 boxes to enter.
I get a “Please complete your pending DRS payment(s)" popup when I log in. What does that mean?
To get more information what a DRS payment is and why it’s required to move your shares to your brokerage account, please go here. If you do not wish to move your shares after the company goes public, then you do not need to pay this fee.
What is Direct Registration System (DRS)?
DRS is an electronic book-entry system which allows for seamless transfer of your shares to your brokerage via The Depository Trust Company (DTC). You can find more information on DRS and how it works directly on DTCC’s website.