Tottenham Acquisition I Ltd Warrants (TOTAW)

[sanderburwil]

$TOTAR worth $1-$1.25/share. Once IPO/Tottenham consummates a business combination, shares will be worth $1-$1.25/share. Could happen any day now, SEC extension was filed this week in or to finalize deal
Tottenham Acquisition-extend the date by which the Company has to consummate a business combination (the “extension”) two times for an additional three months each time from May 6, 2020 to November 6, 2020

$TOTAW $TOTAR $TOTA $TOTAU

SEC filing
Except in cases where we are not the surviving company in a business combination, each holder of a right will automatically receive one-tenth (1/10) of an ordinary share upon consummation of our initial business combination. In the event we will not be the surviving company upon completion of our initial business combination, each holder of a right will be required to affirmatively convert his, her or its rights in order to receive the one-tenth (1/10) of a share underlying each right upon consummation of the business combination. We will not issue fractional shares in connection with an exchange of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance with the applicable provisions of the British Virgin Islands law. As a result, you must hold rights in multiples of 10 in order to receive shares for all of your rights upon closing of a business....