Post by
LithLover on Nov 22, 2021 1:09pm
Warrants
Getting some questions on warrants so here goes:
There are 2 sets of warrants that have been issued that are tradeable.
1) szls.wt warrants. There are 73.8 million outstanding. It requires 8 warrants and a conversion price of $0.72 for 1 share. They expire June 2023
2) szls.ws or szls.wts warrants. There are 4.8 million outstanding. They are 1 for 1 at a conversion price of $1.10. They expire Dec 2023
Comment by
RRRongo on Nov 23, 2021 1:17am
Looking at page 18 of their latest financial statements there seems to be a lot less warrants expiring june 2023 then 73.8MM. I realize they did some reverse splits but are you sure about the figures?
Comment by
jp1989 on Nov 23, 2021 1:21am
RRRongo Member Since: November 22, 2021.. thank you for your precious remark
Comment by
RRRongo on Nov 23, 2021 2:33am
You are welcome JP. The value and the amount of warrants is critical to valuing this company yes. Been around for a long time but have not logged so had to create a new ID.