GREY:ALXDF - Post by User
Comment by
mystique1on Jul 25, 2018 5:06pm
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Post# 28367285
RE:9 cent warrents
RE:9 cent warrentsAsh.......in the situation you describe, the merger or takeover proposal should have some terms of reference regarding handling of outstanding options and warrants. Generally, the warrant holder should exercise his warrants (if they are in the money) prior to the specified record date of the merger/takeover. If not exercised, there may be conditions in the merger/takeover agreement to convert the warrants to new company equivalents of stock or warrants. Again, the warrant owner should consult the merger/takeover agreement immediately when issued.