Wealthbridge Acquisition LTD WT EXP 013124 (HHHHW)

[dinogreeves]

You have the option to buy the ordinary shares at $11.50 if even if they are trading at $16.50 or even higher.


So for example, you bought your 20,000 warrants at 20 cents, your cost basis is 4000 grand and the warrants hit 3 dollars in 4-6 weeks that is 60,000 dollars, you have the option to convert your warrants for the commons, one ordinary share for 2 warrants, so if you decided to convert all and have the option to buy the commons, then you would need to pay up $110,500 for the commons, but remember you turned your 4000 dollars investment into 60,000 and you are paying for a stock that is trading possibly a lot higher than $11.50, so lets say the stock is up 16.50 when the company calls you and gives you the option to either convert your warrants for the ordinary shares, you are not only up over a thousand percent on the warrants but also up at least 60 percent on stock instantly upon conversion but there is dilutive affect when your warrants are converted into common shares. Also you don't have to convert all of them, you can convert only desired amount and cash out the rest. But the warrants can still keep going without the company calling to convert them, much like VTIQ*W.