RE: Benc13 Sep 2021 00:29
apunter2 work
RE: BencToday 22:03
Extrader, what are you on lad.
Do you know how warrants even work.
They can exercise the warrants at any time within three years, at” lowest closing VWAP over the ten days immediately preceding the issue of the loan“
The warrant guarantees, the family office arranged through arc, that exercise price for the duration over three years..
They can exchange any percentage of the warrants when they like..
It will always be 30% above the VWAP, from ten days after the loan was completed..
It’s a set price, fixed for 3 years..
I don’t know how to make it Easy for you to understand lol..