FYI, this is my interpretation of the 8k, but also realize this is no different than a capital raise where shares are issued at a lower price. In fact this has the added benefit of taking warrants off of the table.
In my opinion this is not the time to expect the price to move markedly lower. They are raising the $9.24 million for a reason. Todays reaction to the 8K is just that - a reaction
Expect an announcement next week or the following week. Don't lock yourself out from being fully invested hoping to time the market. You might miss. That said, it is good that you are keeping core long position so that you won't miss out completely on a major move up.