Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

This is right.. I took 12,727,273 as number of warrant, I can replace with your 12,9000,000 warrant figure to calculate.

Company will get $108,300,000 during exercise (considering 12.9M warrants) to acquire the actual stocks, but warrants has follow advantages
1. It holds anti-dilution until expiry. Any further issuance of shares will be subject multiplication of warrant shares.
2. You have a time factor optionality, which will have value until day of expiry, you will get more by selling the warrant in open market rather than exercising it.