RE:Warrant's Doccole wrote: This is coming due, will it have any effect on the stock price?
Each Unit was comprised of one common share of the Company (a "Common Share") and one-third of one common share purchase warrant. Each full warrant is exercisable to purchase one Common Share at any time prior to June 30, 2022 at a price of $0.60 per Common Share.
Correct ...
June 20 - I'm assuming about 3M warrants set to expire ($6)
Aug 13 - 1.3M warrants may expire ($4)
Feb 24, 2024 - 3M warrants to wonder about ($7.50)
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We won't have the dilution of shares but we also won't get the cash that comes in to buy the part shares. I'd say no effect on the price based on this event alone.
But - June 30th is a world away.
Do we get Q4 financials before then or by end of July - guessing end of June.
Do we get an update by then or not ? TBD
Price could move for other reasons - likely not for expiring warrants.