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TSPCrew

05/13/20 9:07 AM

#17 RE: Willysmb #16

hmmm Maybe you're right. But who in their right might would buy the underlying VTIQ at $30.00 when you can buy the $11.50 warrant for $12.00?

16.Q:IfIhave1,000VectoIQ warrants,willIhavetherighttobuy1,000sharesofNKLAstockat$11.50?–A:Yes. The warrants that trade under the ticker VTIQW will remain outstanding following the transaction and trade under a new ticker, NKLAW. Each warrant has a 5 year exercise period from the closing date of the transaction and is exercisable into one share at an $11.50 exercise price.