Address: 600 - 411 Legget Dr
Ottawa ON CANADA K2K 3C9
Phone: 613 599 9991
Fax: 613 599 4225
Web Site: http://www.dragonwaveinc.com
Warrant Symbol - DWI.WT
Number Trading - 7,963,750
Expiration Date - August 1, 2016
Cusip - 26144M 12 9
Exercise Price - $2.25
Warrants called to trade news:
2014-07-31 13:40 MT - Prospectus Approved
DragonWave Inc. will list an additional 15,927,500 shares on the Toronto Stock Exchange at the open on Friday, Aug. 1, 2014, according to the TSX. The exchange reports the company will also list 7,963,750 share purchase warrants.
As in a July 25, 2014, prospectus supplement, DragonWave plans to sell 13.85 million units to the public at $1.80 each, raising $24.93-million. It has granted the underwriters an overallotment option to buy up to 2,077,500 more units at the same price for 30 days from the closing of the offering. Each unit consists of one share and one-half of a share purchase warrant. Each warrant entitles the holder to buy another share at $2.25 at any time before 5 p.m. (Toronto time) on Aug. 1, 2016. The company plans to use the money raised from the offering to strengthen its balance sheet, and for working capital and general corporate purposes.
The exchange reports the warrants will trade under the symbol DWI.WT and Cusip No. 26144M 12 9.