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JMH14865

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JMH14865

Re: JMH14865 post# 34744

Friday, 06/23/2017 8:48:57 AM

Friday, June 23, 2017 8:48:57 AM

Post# of 96905
Warrant coverage is a key term in venture debt. It is used, along with some other data, to determine the number of shares, and therefore the amount of dilution, associated with a particular investment or warrant issuance. Warrant coverage is expressed as a percent of the investment amount NOT a percent of the company.
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