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Bullboard - Stock Discussion Forum Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID... see more

TSXV:CLAS.H - Post Discussion

Claritas Pharmaceuticals Inc > RE:RE:Update WT
View:
Post by Red~One on Jul 29, 2021 8:16pm

RE:RE:Update WT

That article says "The exercise price of the warrants will remain the same." I thought the exercise price for 1 post split share would  be  20x as well .065 would become the exercise price of  $1.30 for the B's and .155 x 20 would be $3.10 for the A's plus you need to supply 20 warrants at whatever you paid for them. So am I wrong? Will I be able to buy a post split share with 20 warrants and .065?
Comment by Amazigh on Jul 30, 2021 5:19am
For each of the 20 warrants the exercise price is $0.065. So, if you exercise 20 warrants, then you have to pay 20 x 0.065= $1.30, and will get 1 share for it. It is as if you bought the one share for $1.30 . I hope this clears things up
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