Tenet Fintech Group Inc. C.PKK

Alternate Symbol(s): PKKFF

Technology Software - Application

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, includes Tenet and all its subsidiaries. Tenet's subsidiaries provide various analytics and AI-based services to businesses and financial institutions through the Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members.

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Tenet Fintech Group Inc. > Warrants trading at a 50% discount!!!

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Comment by lscfaon Jul 31, 2021 1:47am

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Post# 33636667

RE:RE:RE:Warrants trading at a 50% discount!!!

You're right. 2 x 1.75 + 7.00 / $6.00 => 46% premium

maryhill wrote: or is it....... 1 warrant plus $3.50 gets you 1/2 a new share
so.............. 2 warrant plus $7.00 gets you 1 new share

Each whole Warrant shall entitle each Warrantholder thereof, upon exercise at any time after the Issue Date and prior to the Expiry Time, to acquire the number of Warrant Shares determined by the Exchange Basis upon payment of the Exercise Price of $3.50. The Exchange Basis is subject to adjustment pursuant to the terms of the Warrant Indenture.

As a result of the consolidation of the common shares on July 28th, 2021, the Exchange Basis has been adjusted to 0.5 shares

lscfa wrote: Wrong. 2 warrants + $3.50 gets you 1 PKK sh. 2 x $1.75 +$3.50 / $6.00 = 16% premium.