Replies to post #81491 on Magic

[MWM]

I think it's $11.50 until 2023? Most of the SPACs are mostly set up the same. This one a has a little shorter duration...

[mejerrylee]

dinogreeves Member Level Thursday, 03/05/20 12:47:04 PM
Re: TSPCrew post# 78 0
Post # of 289

Basically how the warrants work is when the warrants hit 11.50 whatever the price that may be and the stock price is at 50 dollars the company can say to you, you can convert your warrants into shares but you have to pay difference or cash out at 11.50
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This is what I found and believe how it works.