The last S-1/A had the warrant exhibits. Below are
Post# of 32990
(Total Views: 599)
Posted On: 05/08/2019 9:55:10 AM
The last S-1/A had the warrant exhibits. Below are links to two. When I read them and as you pointed out, it says they are cashless in curtain circumstances like there is no registration statement, which there is.
Someone posted here they reached out to IR who said they were cashless. If that feature is an important factor for an investor buying warrants, they may also want to reach out to IR and asked them to point to the document that says they are cashless. The below two documents may not be the only ones.
As someone else pointed out. If the stock was at $100 and you wanted to do a cashless exercise, in theory, you come up with enough money to exercise one warrant and use the profit to exercise dozens more.
Will that work, will you broker charge you a transaction fee each time, if it matters, talk to your broker or financial advisor including tax consequences and no one should get their investment advise or facts off a message board. Do you own DD. There are a lot of factors about warrants to consider and only some of them have been posted here.
The very last link is another company and what their cashless document looked like for reference.
https://www.sec.gov/Archives/edgar/data/15666...ex4-34.htm
https://www.sec.gov/Archives/edgar/data/15666...ex4-35.htm
https://www.sec.gov/Archives/edgar/data/11250...ex99d3.htm
Someone posted here they reached out to IR who said they were cashless. If that feature is an important factor for an investor buying warrants, they may also want to reach out to IR and asked them to point to the document that says they are cashless. The below two documents may not be the only ones.
As someone else pointed out. If the stock was at $100 and you wanted to do a cashless exercise, in theory, you come up with enough money to exercise one warrant and use the profit to exercise dozens more.
Will that work, will you broker charge you a transaction fee each time, if it matters, talk to your broker or financial advisor including tax consequences and no one should get their investment advise or facts off a message board. Do you own DD. There are a lot of factors about warrants to consider and only some of them have been posted here.
The very last link is another company and what their cashless document looked like for reference.
https://www.sec.gov/Archives/edgar/data/15666...ex4-34.htm
https://www.sec.gov/Archives/edgar/data/15666...ex4-35.htm
https://www.sec.gov/Archives/edgar/data/11250...ex99d3.htm
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