I seem to remember that Thermoo said the strike price on the additional warrants was $1.50 or thereabouts. That extension was clearly done at a time they were blinded, so no one had a significant advantage. If they are currently unblinded, Company will have a huge advantage in the negotiations with non insider warrant holders. Just imagine you knew Ajax had won the match 3-1 but the person you are making a bet with has no clue the match is already over.