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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

GREY:ATBPF - Post Discussion

View:
Post by Doccole on Jun 06, 2022 8:24pm

Warrant's

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.
Comment by MrMugsy on Jun 06, 2022 10:45pm
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) --------------------- 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 ...more  
Comment by TheMadMonk on Jun 07, 2022 3:47am
It is unlikely to affect the share price now but down the road current shareholders will be happier that there was less dilution.  When 445k warrants expired back in February, it had no effect on the share price.  Here is the list of the upcoming warrants: Number of warrants Exercise price Expiry date: 444,925      $3.50   February 27, 2022 489,726  ...more  
Comment by MrMugsy on Jun 07, 2022 7:47am
Thanks for the list MadMonk !
Comment by Chianchin on Jun 07, 2022 11:49am
Your MadMonk alias name explains your 2024 prediction 
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