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WeTheMarket

04/14/23 1:02 PM

#137 RE: WeTheMarket #136

Found the answer to the question in my previuos post at the following site. https://investguiding-com.ngontinh24.com/articles/what-happens-to-warrants-if-a-company-is-bought-out

Relevant excerpt:

"If it's a merger for shares, the warrants will be adjusted to reflect the share terms of the merger and will continue to trade.

If it's a cash buyout then warrant expiration is accelerated and the warrant will be worth its intrinsic value if in-the-money and worthless if out-of-the-money."