InterDigital Inc (IDCC)

[olddog967]

loophole: A supplemental, post in response to you question about warrant expiration.

Based on the wording of a couple of your posts earlier this year, I see that your reference to the 93 dollar warrants was in regard to the recently issued warrants, not the old ones as I had assumed. Based on the following comment from the last quarter's 10-Q, the warrants will expire between June and September 2020.

"Common Stock Warrants
On March 5 and March 9, 2015, we sold warrants to acquire, subject to customary anti-dilution adjustments, approximately 3.8 million and approximately 0.6 million shares of our common stock, respectively. As of June 30, 2017, the warrants had a strike price of approximately $88.14 per share, as adjusted. The warrants become exercisable and expire in daily tranches over a three and a half month period starting in June 2020. As consideration for the warrants issued on March 5 and March 9, 2015, we received approximately $37.3 million and approximately $5.6 million, respectively."