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
Quick Links:
Back to Home Page Back to Warrant Sheets
Back to Expired Warrants
Address: 600 - 411 Legget Dr
Ottawa ON CANADA K2K 3C9
Phone: 613 599 9991
Fax: 613 599 4225
Web Site: https://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:
DragonWave warrants to delist from TSX
Aug. 2
2016-07-13 12:31 MT - Warrants
Expire
The Toronto Stock Exchange reports that
DragonWave Inc.'s warrants, trading
under the symbol DWI.WT and exercisable
at $56.25 per share, will expire at 5
p.m. (Toronto time) on Aug. 1, 2016, and
will be delisted at the close on Aug. 2,
2016. According to the TSX, as Aug. 1,
2016, is a statutory holiday in Ontario,
Comptershare Trust Company of Canada
will accept subscription instructions
until 5 p.m. (Toronto time) on Aug. 2,
2016.
The TSX reports that trades on July 27,
2016, and July 28, 2016, will settle on
July 29, 2016. Trades on July 29, 2016,
and Aug. 2, 2016 (from the opening to 12
p.m. (Toronto time)) will settle on Aug.
2, 2016.
© 2018 Canjex Publishing Ltd. All rights
reserved.
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.
- 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.
