Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

It was my mistake with additional ZERO to calculate A.

During dilution number of shares goes up and strike goes down, net cost will stay the same (two tomes dilution, multiply 2 with # of warrants and divide 2 to strike price)...

with $8.4 ... Here is what we will get,

X = (B-A)/Y

# warrants 10000
Assumption:
2 times dilution
Y = Fair Market Share price on the date of exercise: $5
Original Strike Price: $8.4

B = 10,000 * 2 * 5 = $100,000
A = 10,000 * 8.4 = $84,000

(B-A) = $16,000

X = (B-A) / Y = $16,000/$5 = 3200 (#shares at $5)