Willow Biosciences Inc T.WLLW

Willow Warrants expiry deadline approaching

[Stretch]

As most of us here probably know, the expiry deadline of the outstanding warrants is aproaching fast.
I believe there are around 7 million warrants out there? pls correct me if i am wrong. 
To excercise these warrants each will have to be converted for for a cost of 0.85$ each and the money will directly go to Willow
 A lot of people particulary large share holders may not have  cash laying around to purchase these warrants, so a common practice is for warrant holders to  sell common stock of willow in order to  fund the purchase of  these new issued shares at 0.85$ and these are obviously  new shares and are not purchased on the open market.
The  large volumes in the last few days may also explain part of this scenario and when you add new outstanding shares and combine that with the new finacing of another  15 million new shares recently a dilution usually causes slight down ward pressure.
But i think Willow is holding up well for all this going down at the same time and the future should be bright.

Cheers

[eunice12]

That's a lot of maybes but none of the traders talked to you as far as I know.

[Stretch]

Nope. No one did. Just speaking of my own situation having 25,000 warrants.  so I didn't have 21,250$ dollars laying around to exercise them so I sold 15,000 shares this week to be able to purchase 25,000 at 0.85$  that makes sense? There were 7 million warrants out there and a few people might have had the same problems I did.    it's not really a problem it'