How the shorts will get warrants
While not required, the warrants will probably be listed on a public exchange.
Even if the warrants are not listed for trading on a public exchange, I do not think it is a problem for someone that has a short position in ANVGQ.
I do not expect anyone short the stock would want to close out the trade. As long as the trade is still open, the taxes are not due yet on the profit.
LTV Steel when through something like this, the old common shares got converted and anyone short only had to cover by buying what the shares had converted into.
Louis J. Desy Jr.
News 
Market Data 
Discover 
AI
