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Re: WebSlinger post# 199639

Sunday, 08/30/2020 3:54:55 PM

Sunday, August 30, 2020 3:54:55 PM

Post# of 278266
“Who said anything about getting free warrants?”

That is what I have been trying to say. The warrants aren’t free, they are included in the unit price. A unit consists of a stock and a warrant. So you can have a unit price of $5.25 with the stock price at $4. You only need to RS to get to $4 and get to NASDAQ minimum entry point. It has nothing to do with investors that can’t buy under $5 stocks. Why would they give an initial unit price range of $4.25-$6.25 if that was the case.

How much would you pay for a 5 year option on a $4 stock you thought was going to the moon in the near future? More than $.25 I’m sure, maybe even $1.25.
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