Greenman519 wrote: What are pro's/con's of the WEED.WT that were created from the FIRE.WT? See link below and write up from NR.
Little volume lately (10k today - $1,400) vs average of 250,000
Whys no one buying? or selling??
WEED.WT Stock Price | Canopy Growth Corp. Wt Stock Quote (Canada: Toronto) | MarketWatch Warrants and Debentures
Warrants to purchase Supreme Shares and debentures convertible into Supreme Shares, other than those exercised or converted prior to June 22, 2021 (the “Effective Time”), will continue to remain outstanding as securities of Supreme, which, upon exercise or conversion, as applicable, will entitle the holder thereof to receive, in lieu of the number of Supreme Shares to which such holder was theretofore entitled, the consideration payable under the Arrangement that such holder would have been entitled to be issued and receive if, immediately prior to the Effective Time, such holder had been the registered holder of the number of Supreme Shares to which such holder was theretofore entitled. All other terms governing the securities will be the same as the terms that were in effect immediately prior to the Effective Time, and shall be governed by the terms of the applicable indenture or certificate.
Prior to the completion of the Arrangement, Supreme had two outstanding classes of warrants to purchase Supreme Shares and one outstanding class of debentures convertible into Supreme Shares listed on the TSX under the trading symbols ‘FIRE.WT’, ‘FIRE.WS’ and ‘FIRE.DB’, respectively (the “Listed Supreme Convertible Securities”). The Listed Supreme Convertible Securities will continue trading on the TSX, but will commence trading under the symbols ‘WEED.WT’, ‘WEED.WT.A’ and ‘WEED.DB’, respectively, expected to take place as of June 24, 2021. Canopy has entered into supplemental indentures in respect of the Listed Supreme Convertible Securities, copies of which will be available on Supreme’s and Canopy’s respective profiles on SEDAR at www.sedar.com.