GREY:NEVDQ - Post by User
Comment by
Notgnuon May 19, 2021 8:55pm
104 Views
Post# 33235431
RE:All in stock
RE:All in stockSimple answer is the warrants are basically a call option to buy shares at a lyer date at a prefixed price. They are typically attached at the time of a financing such that those who put capital up in advance get a bit of a "kicker' thus the warrants that are trading are originally own by peeps that got them in one of the (two in this case) finacings.
The A warrants give you an option to buy a share at 22 cents on or before june 2022, and the original series give an option to buy a share at 20 cents up to jan of 2022.
Basic.. but hope that helps
N
aurens wrote: i am all in stock...are the warrants keeping the stock down? Averaging now at .26. Are the warrants a better deal? I find the warrant thing puzzling. Why do they exist?