Replies to post #84753 on Lightwave Logic Inc (LWLG)

[nsomniyak]

I am not a tax pro, but I believe that if you exercise warrants there is no taxable event in and of itself.

However, that implies you come up with the cash to exercise. If you do a "cashless exercise", essentially selling some of the stock received to pay for the warrant exercise, then you don't have to come up with cash but you DO have to pay tax on the common shares sold.