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
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Address:
200 Turnpike Rd
Chelmsford MA 01824
Phone: 508 335 5215
Web Site: https://www.frxpolymers.com
Warrant Symbol -
FRXI.WT
Number Trading - 3,436,513
Expiration Date - May 16, 2024
Cusip - 30326X 11
9
Exercise Price - $1.30
Warrants called to trade news:
Good2goRTO QT, name change to FRX Innovations
2022-05-19 14:47 ET - New Listing
Number of shares: 6,873,029 common shares
Purchase price: $1 per common share
Warrants: 3,436,513 common share purchase warrants to purchase 3,436,513 common
shares
Warrant exercise price: $1.30 until May 16, 2024
Pursuant to a resolution passed by shareholders on Dec. 1, 2021, the company has
consolidated its common shares on a one-new-for-3.5-old basis. The name of the
company has also been changed to FRX Innovations Inc.
Effective at the opening, Tuesday, May 24, 2022, the common shares of FRX
Innovations will commence trading on the TSX Venture Exchange and the common
shares of Good2goRTO will be delisted.
Postconsolidation
Escrow: 36,286,232 common shares, 159,195 warrants and 314,337 stock options
Trading symbol (warrants): FRXI.WT (new)
Cusip No. (warrants): 30326X 11 9 (new)
These warrants were issued under a warrant indenture dated May 16, 2022. Each
warrant entitles the holder to purchase one common share at a price of $1.30 per
share, expiring on May 16, 2024.
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- 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.
