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masterofdisaster

06/16/22 11:50 AM

#1114 RE: mikar #1112

No they aren't. The $11.50s are not exercisable

masterofdisaster

06/16/22 11:53 AM

#1115 RE: mikar #1112

If the warrants were exercisable the run to $18 would have added new short shares to the market and the rate to borrow would have come down. The only warranty that can be exercised are the $18 warrants and the price needs to close over $18 for 20 consecutive days.