A nice reward to holders of "Special Warrants" I just had a similar [not as large a capital gain] and had h is calculated as =the charge. Not what we paid.oped to shelter some by cond for the warrantverting in a TSFA. Not so fast! The tax rule is the current stock price not what we paid! Ce La Guerre.
("Voyager" or the "Company") is pleased to announce the automatic conversion of 6,017,743 special warrants (the "Special Warrants") in the capital of the Company.
In accordance with the terms of the special warrant indenture dated December 15, 2020 between the Company and the special warrant agent (the "Indenture"), each Special Warrant was automatically converted into 1.1 units of the Company (each, a "Unit"). Each Unit is comprised of one common share in the capital of the Company (each, a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share at a price of $2.50 until December 15, 2022 being a period of twenty-four months following the date of issuance of the Special Warrants. Of the Units issued on conversion of the Special Warrants, 547,067 Units were issued pursuant to a penalty provision in the Indenture.
About Voyager Digital Ltd.
Voyager Digital Ltd. is a publicly traded holding company whose subsidiaries operate a crypto-asset platform that provides retail and institutional investors with a turnkey solution to trade crypto assets. The Voyager Platform provides its customers with competitive price execution through its smart order router and as well as a custody solution on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace.