Alright, now I'm confused. I appreciate your thoughts here, but for clarity can we please use differentiate between the words "ticker symbol" and the word "warrant". Let's say the unit's ticker symbol was xxx.u and the unit contained 1 share and 1/4 warrant. And let's say each FULL warrant can buy a share at $11.50. When they separate, the new ticker symbols are XXX (the shares) and XXXXW (the warrants). In my mind, XXXXW can be looked at one of two ways, both of which are roughly the same. XXXXW can be viewed as either one-fourth of a warrant, and thus you need four of them plus $11.50 to buy one share of common, or they can be viewed as a warrant that allows you to buy .25 shares at a strike price of $11.50.
Both are the same thing.
Do you see it the same way?
Thanks again
