RE: Cash warrants expire September30 Jul 2025 09:39
What is a prepaid warrant?
Pre-funded warrants are a type of warrant that allows the warrant holder to purchase a specified number of a company's securities at a nominal exercise price. The nominal exercise price may typically be as low as $0.01 per share (often referred to as “penny warrants”).
Cash warrent
Form of settlement in which the issuer of the warrant pays a cash sum to the warrant holder instead of delivering the underlying instrument. If the underlying instrument cannot be physically delivered to the warrant holder (e.g., in the case of index warrants), the contract is settled in cash.