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WARRANTS
6 Months Ended
Jun. 26, 2022
Warrants  
Warrants WARRANTS
The Company’s warrant activity for the twenty-six weeks ended June 26, 2022 was as follows:
 Number of
Shares
Weighted
Average
Exercise Price
Weighted
Average
Remaining
Contractual
Life (Years)
Warrants exercisable at December 26, 20211,707,670 $4.72 3.2
Exercised(21,850)$3.64 3.3
Warrants outstanding at June 26, 20221,685,820 $4.54 2.7
Warrants exercisable at June 26, 20221,685,820 $4.54 2.7
During the twenty-six weeks ended June 26, 2022, 21,850 warrants were exercised in exchange for 21,850 shares of common stock with net proceeds to the Company of $0.1 million