LGBTQ Loyalty Holdings Inc (LFAP)

[Jimmy Da Neck]

Look up the current market price of the stock. Subtract the exercise price from the market price to find the intrinsic value of the warrant. Suppose the market price is $50 per share and the exercise price is $40. This gives you an intrinsic value of $10 per share. Divide the intrinsic value by the conversion ratio to find the value of one warrant. In this example, if the conversion ratio equals five, you have $10 divided by five. One warrant is thus worth $2. If the market price is less than the exercise price, the warrants have no value because you could buy the shares on the market for less. Warrants acquire value only if the market price rises above the exercise price.