The warrant is free with the stock *(unit). If the stock price goes above .75 then the warrant can be exercised. For example, say the warrant has an expiration date of Jan 1. 2023 at .75 and on that day the stock is at 2.75 per share. You have 1000 warrants. You exercise, give the company $750.00 they give you 1000 shares of cydy which you sell at 2.75 and make $2000 difference. Ofcourse you can exercise at anytime the pps is above .75.
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