RE:Believer... How do I know it is warrants that were exercised and not options(or else)....Not an easy concept to understand...
Let's try..
A stock warrant is just like a stock option because it give you the right to purchase a company's stock at a specific price and at a specific date.
However, a stock warrant differ from a stock option in two way...
1) a stock warrant is issued by the company itself.
2) new shares are issued by the company for the transaction. When a stock option is exercised, the shares usually are received or given by one investor to another, when a stock warrant is exercised, the shares that fulfill the obligation are not received from another investor,
but directly from the company, thus changing the number of share issued by the company.
wildbird1 wrote:
April 10, 2018 Genenews had 117,390,686 shares...
April 20, 2018 Genenews has 122,573,664 shares...
over 5 million warrants were exercised.... more money in the bank for Genenews.
Beleiver...
When investors exercise their warrants , it is usually because they believe in the company they are invested in, and good news are coming.