Post by
CAinPlap on Oct 18, 2023 10:41am
tradeable warrants
I have my doubts these will get exercised. With less than a year left, any party negotiating with RDW may want to drag it out until these do expire.
Comment by
99942Apophis on Oct 18, 2023 11:32am
CAinPlap, I don't understand your reasoning it doesn't make any sense. What type of company are you referencing, for a buyout or partnership upfront payouts have zero to do with its share count. Please elaborate further. Signed .. Bewildered, if this was you joking then I do think it was funny.
Comment by
CAinPlap on Oct 18, 2023 11:37am
Yes thinking it through some more, a more accurate statement might be they other party would get more favorable terms if TLT does not have the financial stability the exercise of those warrants would provide.
Comment by
greaterfoolFred on Oct 18, 2023 11:54am
I think a possible reason for the latest news release was to manage expectations for the timeline of BTD. And good for them for doing it. But back to the subject of this string; does anyone know if it is possible to extend tradable warrants? Good Luck All, Fred
Comment by
greaterfoolFred on Oct 18, 2023 4:40pm
I finally found some info on the osc website. Listed warrants can not be ammended for date or price. Oh well..
Comment by
FGPstock on Oct 18, 2023 7:23pm
can't b amended but can b extended
Comment by
O12009 on Oct 18, 2023 8:08pm
They were issued in 2019 and 2024 will be five years
Comment by
Rumpl3StiltSkin on Oct 19, 2023 10:23am
Even if these warrants can be extended, would the company want to? Most of these warrants are held by outsiders. It seems to me most of the other warrant extensions were those held by insiders?
Comment by
Rumpl3StiltSkin on Oct 19, 2023 12:21pm
To be clear. I think these warrants will all get into the companies coffers prior to Aug 22.
Comment by
99942Apophis on Oct 18, 2023 5:22pm
In addition one can't make changes to a clinical trial already in progress, use of a different trigger device in my understanding would have to be done in a new trial. Please correct me if wrong.
Comment by
riverrrow on Oct 18, 2023 12:04pm
If the tradeable warrants don't get exercised I can see them getting extended for another year until Aug 2025. With BTD so near, I can see TLT backers continuing to finance TLT through private pp's until the share price reaches the height at which warrants do get exercised. GLTA.
Comment by
CAinPlap on Oct 18, 2023 12:07pm
I may be wrong but i thought i heard there is a 5 year limit for warrants.
Comment by
ggrellette on Oct 18, 2023 12:59pm
There is always an expiry date for warrants when they are issued. Not a time limit. Thus the company then has to ask the regulators for an extension or they expire.
Comment by
Rumpl3StiltSkin on Oct 18, 2023 1:38pm
Hmmm, River, Not sure about these traceable warrants being extended. Don't know if that is possible. I own a bunch so hope I'm wrong.
Comment by
Impalaman on Oct 18, 2023 1:57pm
I thought that warrants couldn't be extended more than twice.
Comment by
O12009 on Oct 18, 2023 2:15pm
The warrants that are being discussed are the ones that will exp.Aug 22, 2024. They have never been extended
Comment by
Rumpl3StiltSkin on Oct 18, 2023 1:34pm
These will get exercised. Between now and Aug 22 2024 there will be a BTD and an AA. So TLT will likely be above a $1 at some point. They'll get exercised or traded...