Reebonz Holding Ltd (Warrants) (RBZWF)

[Estrella]

$RBZWF @ .0008!

[UnderTheInfluence]

Yummy

[Estrella]

$RBZWF @ .0095!

[777]

The company is dead. I spoke to the previous ceo.

[Stoctricity]

[Stoctricity]

The SEC filings say "We have outstanding warrants to purchase 385,715 ordinary shares, which are exercisable at $92.00 (which gives effect to the 1-for-8 reverse split effectuated on March 11, 2019). The warrants are exercisable until December 19, 2023. We may redeem the outstanding warrants at a price of $0.08 per warrant, upon a minimum of 30 days’ prior written notice of redemption, if among other circumstances, the last sale price of our ordinary shares equals or exceeds $192.00 for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which we send notice of redemption to the warrant holders." https://www.sec.gov/Archives/edgar/data/1752108/000121390019006031/f20f2018a1_reebonzholding.htm

[777]

2023 actually. The strike price is much lower than what others mentioned and the company is still active and quite beautiful actually. Maybe it hits everyone out of left field... crickets for now though

[777]

The warrants expire in 2023

[Buckey]

and thats why they dont move past 8 cents except in the event people assume they will move with the stock price.

Thank you Care to explain HUNTW or better yet PHUNW

[Stoctricity]

8 RBZWF plus $92 exercise price for 1 RBZ

There is an adjustment clause in the warrant agreement, filed with the Draper Oakwood (DOTA) S-1 registration form with the SEC on 8/25/2017.

For clarity, I'm just posting the applicable parts of the Warrant Agreement, parts 4.2 and 4.4:

4. Adjustments.

4.2. Aggregation of Shares. If after the date hereof, the number of outstanding shares of Common Stock is decreased by a consolidation, combination, reverse stock split or reclassification of shares of Common Stock or other similar event, then, on the effective date of such consolidation, combination, reverse stock split, reclassification or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be decreased in proportion to such decrease in outstanding shares of Common Stock.

4.4 Adjustments in Exercise Price. Whenever the number of shares of Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter.

https://www.sec.gov/Archives/edgar/data/1705771/000121390017009194/fs12017ex4-6_draperoak.htm

Part 4.2 means that after the reverse split, it requires 8 warrants to buy one share of common.

Part 4.4 means that after the reverse split, the cost of that share of common will be $92 per share ( $11.50 times (8 divided by 1 )).

I'm sure this is not what you are all hoping for ... however, this is apparently the correct information, as it was recently confirmed in the annual report released by Reebonz.

Here are the new warrant terms and data, as posted in the latest 20-F filing (Annual Report for foreign companies) with the SEC on 4/1/2019, and the amended 20-F/A filed 4/9/2019:

"We have outstanding warrants to purchase 385,715 ordinary shares, which are exercisable at $92.00 (which gives effect to the 1-for-8 reverse split effectuated on March 11, 2019). The warrants are exercisable until December 19, 2023. We may redeem the outstanding warrants at a price of $0.08 per warrant, upon a minimum of 30 days’ prior written notice of redemption, if among other circumstances, the last sale price of our ordinary shares equals or exceeds $192.00 for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which we send notice of redemption to the warrant holders."

https://www.sec.gov/Archives/edgar/data/1752108/000121390019006031/f20f2018a1_reebonzholding.htm

[makinezmoney]

$RBZWF: Nasdaq listing of Warrants extended to April-19,2019


https://www.dealstreetasia.com/stories/nasdaq-extends-listing-deadline-for-singapore-e-marketer-reebonz-130030/



GO $RBZWF

[Buckey]

I do not trust companies to advise me on certain items. LOL I have made much on companies not even understanding the term EX DATE when doing split and issuing incorrect info .

Calling transfer agent is one way but why should we not have a legitmate place at a regulatory authority

[makinezmoney]

$RBZWF: Sounds like a question for Draper-Oakwood

It was the $DOTAW that became $RBZAW and now $RBZWF


They would be the ones closest to this infomation

https://www.draperoakwood.com/

[e-mail]


Based out of Shared Workplace, Hero CITY.

http://www.herocity.com/

https://twitter.com/draper_u


Hero City, 55 E 3rd Avenue, San Mateo, CA 94401


https://twitter.com/andytangvc?lang=en


https://www.bizjournals.com/sanjose/c/silicon-valley-40-under-40-class-2018/5719/aamer-sarfraz.html

http://www.aamersarfraz.com/

https://www.drapernetwork.com/

https://twitter.com/TimDraper

https://twitter.com/DFJvc









GO $RBZWF

[Buckey]

I cannot see where the warrants split the # of shares and as such I will assume the strike price is 8x$11.50 until I see otherwise

[makinezmoney]

$RBZWF: As long as they are trading.... Anythings possible


Saw the Bid-Ask on these go up to $0.70 just two weeks ago.


And just last December they were well over $0.30


The thing is that the $RBZAW & $RBZWF charts remain the same.



Warrants are merely a continuation of where they were before.


Like nothing changed.


The Commons however, were adjusted.... so, Go Figure ?????






$RBZWF

[Buckey]

until folks can determine what the strike price actually is and what expiry I do not see to many folks jumping in.

IF the warrants reversed - IE you had 8 and you now have 1 and the strike stayed the same at 11.50 then they might be worth something. Also SPAC warrants have an allowance to be repriced ?? yes? and a formula to call them in. Its all over my head

[makinezmoney]

$RBZWF: March-29 is Nasdaq Deadline for Minimum-Listing-Requirement


They did the 1:8 RS to accomodate that.

Thats why the Warrants got renamed $RBZWA to $RBZWA and demoted
from Nasdaq to OTC


Looks like they will be able to achieve that by Tomorrow which
is the $4 level.


$RBZ currently at $16 and should stay at that level.


Lets see how much higher these warrants go beyond that.



https://www.dealstreetasia.com/stories/nasdaq-reebonz-listing-123688/


GO $RBZWF

[Buckey]

its ridiculous. Warrant pricing should be set. Zero changes. set strike price and date of expiration. And also a central regulatory authority or each excghange takes ownership of the process

[makinezmoney]

$RBZWF: There must've been some Warrant-to-Common Conversions

I mean that was over 150k warrants that passed thru.

I don't think they disclose details of the excercise of warrants.

They just happen when the excercise price hits and warrants get called.


There can't be that many warrants around.




GO $RBZWF

[Buckey]

Apparently I did read up on SPAC warrants - 12 years ago and remember nothing

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=21110493

Buckey Member Level Tuesday, 07/10/07 03:53:02 PM
Re: calgarylady post# 254 0
Post #
255
of 281
read up on blank check IPOs and warrants befopre laying too much out

[MWM]

Well that is an old article.

3 scenarios.

1. Warrants have somehow been canceled.

2. Warrants have been split

3. Warrants exercise at $11.30 and someone has made a serious mistake in shorting them and we see a massive squeeze.

I think 1 or 2 are most likely...

[makinezmoney]

Not in the case of a Reverse Split..... Excercise Price remains the same.

http://www.farrellfritz.com/warrants-and-reverse-splits/

[MWM]

No way they would be trading at .10 when they are $17 in the money. My guess is the strike price has to be $80.

[makinezmoney]

Read up on these SPAC warrants here.........


http://www.stockwarrantshq.com/the-ultimate-guide-to-trading-spac-warrants/



GO $RBZAF

[Buckey]

Agreed on the warrants. Something isnt adding up. #1 did the warrants reverse split # of shares also? can they reverse the # of shares and teh price. Im thinking they are 8x11.50 strike price. These SPAC warrants are risky. was following PHUN and PHUNW tody and then yesterday was in HUNTW which released news tonight per Nasdaq request after halt. There really is no definitive place to determine the strike and expiry date for US based warrants and especially SPAC warrants

[MWM]

If that is true then something is not right obviously...

[makinezmoney]

$RBZWF: Warrants have no Adjustment-Provision in event of RS


So the Excercise Price is still holds










GO $RBZWF

[MWM]

So multiply that by 8? Since the R/S?

[makinezmoney]

$RBZWF: $11.50/sh




GO $RBZWF

[MWM]

No one seems to know the conversion price. What is it $50?

[makinezmoney]

$RBZWF: Warrants are Good.... replaced $RBZAW


RBZAW represented before the DOTA merger.


Was listed on the FINRA changes a few weeks ago......

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147162813


Warrants are the same but with a new symbol... $RBZWF


These are for legazy RBZ holders and have excercise date of Dec.19, 2023



They were trading at $0.88 on average last August.



GO $RBZWF

[MWM]

I assume they are still good, just not trading on the Nasdaq?

Nasdaq also announced that it will delist the warrant of Reebonz Holding Limited. Reebonz Holding Limited’s warrant was suspended on February 27, 2019 and has not traded on Nasdaq since that time.

https://markets.businessinsider.com/news/stocks/delisting-of-securities-of-organogenesis-holdings-inc-warrant-reebonz-holding-limited-warrant-real-goods-solar-inc-reshape-lifesciences-inc-super-micro-computer-inc-and-yulong-1028020500

[MWM]

I read that these warrants were canceled? Are you sure they are still good?

[Full Contact Yoga]

hope you are right. until then, I guess I will just keep flipping RBZ...

[makinezmoney]

$RBZWF: This Massive Short squeeze will fix that

Stand by.


Warrants are about to POP hard.



GO $RBZWF

[Full Contact Yoga]

Could be, but the warrants are doing zero, that was my point

[makinezmoney]

$RBZWF: In that case... you're on your own.



$RBZ making a Bee-line for $30



Another $HUNT like move today



GO $RBZWF

[Full Contact Yoga]

only interested in the timeframe since delisting, 2 weeks basically...

[makinezmoney]

$RBZWF: Look at the 200day chart on the Warrants


Maybe you'll have a different opinion.


There is a Massive Short Squeeze Underway on $RBZ


Warrants will follow suit... there isn't a linear relationship between the two.



GO $RBZWF

[Full Contact Yoga]

Warrants haven't moved at all, dropped actually, dead money, no volume....

[makinezmoney]

$RBZWF: Crazy Low float on Commons... Only 1.3Million Shares


This thing is gonna blow harder than $HUNT did yesterday.



There's a FOMO feeling about it right now.



Expect more HALTS on the way up but Warrants about to go to $1


$RBZ now over $20


GO $RBZWF

[Full Contact Yoga]

I was surprised, hit instantly. At least they gave me enough to make a trade this time. A-hole broker filled 3 shares of another trade last week to scalp the fee IMO, the shares were worth half the fee...

[yankees18]

got some more

[yankees18]

crazy, I had a bid at 13, they have me 175 shares, with a bid of 20k..they filled u lol

[Full Contact Yoga]

Got a partial fill of 5K@.1069 right at the open. Seems cheap, a little surprised anything hit...looking for more

[crudeoil24]

Amazing Intel > $$$$$

[TheFinalCD]

RBZWF on watch

[makinezmoney]

$RBZWF: $RBZ up to $18 now.... going to $50


Watch $RBZWF fly well over $1



GO $RBZWF

[makinezmoney]

$RBZWF: NEWs.... 10yr Anniversary


Reebonz Celebrates Ten Years of Making Luxury Accessible in Asia PacificFont size: A | A | A
8:30 AM ET 3/21/19 | GlobeNewswire
RELATED QUOTES


4:00 PM ET 3/20/19
Symbol Last % Chg
RBZ
8.27 0.00%
Real time quote.



Reebonz Celebrates Ten Years of Making Luxury Accessible in Asia Pacific

SINGAPORE, March 21, 2019 (GLOBE NEWSWIRE) -- Reebonz Holding Limited (the "Company" or "Reebonz") (Nasdaq: RBZ), a leading online luxury marketplace and platform in Southeast Asia, is celebrating its first 10 years in business as a provider of online luxury fashion to customers in the Asia Pacific region and beyond.

Today, Reebonz believes it's a leader in the emerging retail space of fashion as a "sharing" ecosystem. It provides a platform not only linking buyers to the best new designer products, but also tools to curate and price items for individual sellers to sell their pre-owned and vintage luxury fashion. It provides the back end for authentication, payments and logistics, while making the front end seamless for finding new products at competitive prices and high-demand vintage items. Unlike traditional retail, Reebonz develops customer loyalty by engaging its users in a virtuous cycle of shopping for fashion and recycling it.

It all began in Florence, when CEO and co-founder Samuel Lim, watched the crowds of tourists waiting to buy high-end designer bags at the Gucci outlet at the Mall Firenze. The sight prompted Lim to build the first version of the Reebonz website as a means of bringing time-limited, online luxury shopping to Asia. Since the first iteration in 2009, Reebonz has evolved into a luxury ecosystem with a curated platform for new, pre-owned, and vintage products, from top luxury brands, individuals and boutiques from around the world. Through this strategy, it has perpetuated its vision of "making luxury accessible".

Why Reebonz has succeeded is a story of unmet demand. Asia's fashion-conscious millions are eager consumers of luxury bags, small leather goods, watches, shoes, and accessories. Trends evolve and fashion-forward consumers are eager not only to buy the latest fashion but also sell their unused goods, and Reebonz provides an outlet for both passions. Members of Reebonz can be both buyers and sellers, which typically extends a customer's lifetime value. Since 2018, Reboonz has added a "Sell Back Guarantee" feature that allows members to sell their Reebonz purchases back to the Company for Reebonz Credits, which can be off-set for future purchases. This feature has allowed for more engagement with its members.

While the company was founded in Singapore, the vision was to expand across the Asia Pacific region. Reebonz quickly established teams in Indonesia, Malaysia, Thailand, Korea, Hong Kong, Taiwan, China and Australia. Outside Asia Pacific, Reebonz has a team in United States as well. Geographic expansion gave Reebonz the ability to diversify both its user base and sources of pre-owned supply.

On this milestone, Reebonz CEO Samuel Lim said, "At Reebonz, we create real solutions to solve problems. Changing the way people in Asia Pacific shop has been nothing short of a dream come true. We believe we are innovative in the use of data and technology, and have come up a unique strategy that keeps customers coming back for more. There is a lot more to be done, and you can count on it that we will be bringing our customers even more choices and options." He further added, "We'd like to thank our investors such as Intel Capital, Vertex Ventures, GGV Capital, Matrix Partners, Mediacorp, and many more in continuing to support us in our journey."

______________________________________________________________________

About Reebonz

Headquartered in Singapore and founded in 2009, Reebonz (pronounced "ribbons") is the trusted online marketplace and platform for buying and selling new and pre-owned luxury products in the Asia Pacific region. Leveraging data and technology, Reebonz makes luxury accessible by operating as an eco-system of B2C e-tail and B2C marketplace for over 1,000 brands and 172 boutiques, supported by C2C marketplaces that enable individuals to sell through its platform. With an easy shopping experience, members can enjoy convenient access to the selection of products that Reebonz sources as well as from a curated collection of multi-brand luxury boutiques from all around the world.

Forward-Looking and Cautionary Statements

Certain statements made in this release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Reebonz's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: the ability to regain compliance with and continue to meet NASDAQ's listing standards; Reebonz's ability to manage growth; the reaction of Reebonz customers and suppliers to its business combination; rising costs adversely affecting Reebonz's profitability; potential litigation involving Reebonz's intellectual property; and general economic and market conditions impacting demand for Reebonz's products. See the risk factors disclosed in the definitive proxy statement for Reebonz' business combination for additional risks. Reebonz does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

For investor and media inquiries, please contact:

Reebonz Holding Limited | [e-mail]

Christensen | Tip Fleming | [e-mail] | Contact: [phone]

For more information on Reebonz, please visit www.reebonz.com

Stay connected with us:

Facebook: @Reebonz | Instagram: @ReebonzOfficial

> Dow Jones Newswires

March 21, 2019 08:30 ET (12:30 GMT)

[Carnivool]

These are completely under the radar, could random spikes the last couple days, but with $RBZ reverse split completed, I think we’ll see this rise over time... good things are coming here.