Amprius Technologies Inc (NYSE:AMPX) shares are trading lower by 30.5% to $1.37 during Monday's session after the company announced it is offering a temporary deal for holders of its public and private warrants to exercise them for cash at a reduced price.

This offer applies to specific amounts of shares and allows holders to exercise their warrants at $1.10 each, down from the usual $11.50. The offer expires on June 11, and aims to boost cash exercise of the warrants to provide funding for Amprius' working capital and development plans.

If all warrants are exercised at the reduced price, Amprius stands to receive approximately $50 million in gross proceeds.

Should I Sell My AMPX Stock?

When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.

Shares of Amprius Technologies have decreased by 83.63% in the past year. An investor who bought shares of Amprius Technologies at the beginning of the year would take a loss of $2.58 per share if they sold it today. The stock has fallen 20.25% over the past month, meaning an investor who bought shares on Apr. 1 would see a capital loss of $0.96.

Amprius Technologies shares have an all-time high of $12.94, representing 811.59% upside from current levels.

Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Amprius Technologies stock currently has an RSI of 43.73, indicating neutral conditions.

For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.

AMPX has a 52-week high of $10.63 and a 52-week low of $1.27.