1) Sell it on market. 2) Exercise it, provide $5.5 to the company, and get 1 share of common stock.
If you choose #2, you can then sell the common if you do not wish to maintain a stake in the company.
This is the last question I will answer with regards to TMI Warrants. Do a search for the word TMI if you want to learn more, i've pretty much said everything that needs to be said. Why repeat it when the posts are out there.
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