Let's make it as simple as possible. There are almost 700,000 warrants outstanding that expire in 32 days.
They don't trade, they can't be sold in the market.
They have an intrinsic value of 7 cents as of today's close.
The ONLY way to recognize a profit from them is by exercising the warrants and selling the stock.
Surely you don't want to keep it.
It puts money in the company's coffers, and diluted the stock.
It's essentially a 4 million share financing at 75 cents.
No prospectus required