SO WITH YOUR LOGIC WHY COULDN'T SOMEONE EXERCISE THEIR WARRANTS RIGHT AFTER ANNOUNCEMENT? I am sure they will calculate a buy out with all shares being considered.
I do not agree with your position. Warrant holders can exercise at anytime and if an offer is tendered the value of the warrants will immediately be worth the offer less the strike price. Keep in mind the majority of the warrant holders received their warrants from their initial large private fundings of this company making them likely the largest shareholders of this company who will undoubtedly have a seat at the negotiations.
I do not agree with your position. Warrant holders can exercise at anytime and if an offer is tendered the value of the warrants will immediately be worth the offer less the strike price. Keep in mind the majority of the warrant holders received their warrants from their initial large private fundings of this company making them likely the largest shareholders of this company who will undoubtedly have a seat at the negotiations.