Titan Medical Inc (TMDIF)

[whynotmewhynottitan]

You are correct except for one major point. If you own a warrent at a struck price of $1.00 and when you are at the expiration date, any price above the $1.00 is in the money. So if it is at $1.10. You will not just let the option expire and leave money on the table. My point is that the stock price does not have to be significantly above the struck price for someone to exercise the warrent.