GREY:ISCNF - Post by User
Comment by
riozengaon Nov 29, 2019 12:43am
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Post# 30404563
RE:WT extension
RE:WT extension These warrants are from the financing in December of 2017 in Atlas. The financing was at $0.35 with a full warrant at $0.75 ($1.05 and $2.25 post-consolidation). It is only extended by one month, if the goal is to have people exercising the warrants, I wonder why they did not extend it a bit further but clearly it is a lid on the stock price so that might be okay.
https://privatecapitalnewswire.com/atlas-cloud-enterprises-announces-14m-private-placement/ RogerPenske wrote: Hey guys,
does anyone know where these warrants are from? I assume atlas.
seems they repriced them and extend the expiry by a month. Never seen that before. I'm neutral on it but would appreciate input.