Replies to post #496 on UAN Cultural & Creative Co., Ltd (Warrants) (fka G

[Hanibal]

Warrants inherit the split automatically from the common stock. They do not have to be explicitly split.

If the strike price right now is $50, and the 1:10 reverse split occurred, the strike price would be $500 after the split.

But that's not the case.

The strike price for the warrants was $5 before and is $50 now, after the common stock split.