I wouldn't mind this "problem" one bit. Clear out every single warrant, doesn't bother me. Clean up the capital structure, put cash on the balance sheet, and get rid of a problem that was going to be there until the warrants are gone. Minor growing pains to pay for the sins of the past.
And if there are some shorts in there... well, good for them. They'll learn a valuable lesson and we'll reap the benefits of their getting squeezed!