Thank you for the correction on the condition for warrants to be called: >$21 for 21 of 30 days Just curious but have you (or anyone else) exercised warrants yourself? About how long does the process take? I normally only trade warrants and far I have avoided exercising warrants for personal tax reasons since the difference between the strike price and the price of a share, minus the cost basis, is taxable income and not a capital gain.