RE:RE:RE:RE:RE:RE:RE:Patchh; what are the requirements if the warrantsI am guessing here but wouldn't the aquirer, by force of negotiation with Pala not have to pay the ex-trinsic value? I mean if they were paying 5X the share trading price then I think Pala (and myself) would want a minimum of 5X the rolling 60 day average warrant price. Comments?
N.
lumpy13 wrote: To put things simply:
There is no acceleration clause on the warrants by NCU.
The only thing that could accelerate them would be an acquisition and, even then, the acquirer would likely just pay the warrant intrinsic value.