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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
   by Andrew McHattie   Rating: ISBN-10: 027303751X

more books no time to read, try audiobooks

           

 

Name - Empowerment & Inclusion Capital I Corp
Current Name: Empowerment & Inclusion Capital I Corp
Address: 280 Park Avenue, 16th Floor, New York, NY 10017
Phone Number: (212) 364-7600
Investor Relations Contact: N/A
Website - N/A

Warrant Symbol: EPWRW / EPWR.WS
Warrants Listed: 8,333,333
Ratio: 1-for-1
Cusip Number: 29427A 11 5
Expiry Date - December 28, 2022 (Terminated early via liquidation)
Exercise Price: $11.50



Synopsis & Listing Information



Empowerment & Inclusion Capital I Corp. was a unique blank-check company backed by organic alignment structures from PJT Partners, formed to target diversity-focused or purpose-driven enterprises.

Listing History: The IPO closed on November 12, 2020, on the NYSE. The warrants split into independent trading options under EPWRW and EPWR.WS.

Business Combination: Due to specialized corporate constraints and shifting market valuation frameworks, the entity opted not to extend its operational window and announced an early liquidation on December 15, 2022.

Ticker Change: Suspended and delisted from the New York Stock Exchange on December 28, 2022.

Reverse Split Adjustment: N/A

Current Status: As of May 2026, the company is completely wound down. The warrants are defunct and hold no value.

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Warrant Terms
  • Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
  • Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
  • Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
  • Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
  • Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
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