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The Most Misunderstood Asset Class Of All Time | Louis Camhi
Forward Guidance
How Parella Weinberg Reduced the Value of Their Derivatives
Last week parella weinberg announced that they were going to redeem their warrants. They offered 0.2 shares of common stock for each warrant Which represented you know about a dollar 30 and to put that in perspective that was 70 percent premium To where the warrants had closed the day prior. That's one set Lewis But so I thought you said you say they were redeemed or they didn't end up Basically what happens is the company says you have 30 days to exercise your warrant or it expires worthless.
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