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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Exercise
Price - $1.20
USD
Address: 188 - 708 Gravenstein Hwy N
Sebastopol CA USA 95472
Phone: 403 619 5392
Web Site: https://www.hempfusion.com/
Warrant Symbol - CBD.WT.U
Number Trading - 24,163,553
Expiration Date -
Feb. 28, 2023.
Cusip -
423821 11 5
Exercise Price - $0.85
USD
Warrant Symbol - CBD.WT.V
Number Trading - 5,000,000
Expiration Date -
Jan. 6, 2026.
Cusip -
423821 12 3
Warrants called to trade news
Hempfusion Wellness to trade on
TSX Jan. 6
2021-01-04 18:50 MT -
New Listing
The Toronto Stock Exchange
reports that Hempfusion Wellness
Inc. will be listed at 5:01 p.m.
on Jan. 5, 2021, for trading at
the open on Jan. 6, 2021.
According to the TSX, there will
be 117,281,352 common shares,
five million common share
purchase warrants (the initial
public offering (IPO) warrants)
and 24,163,553 common share
purchase warrants (the 2019
warrants) issued and
outstanding; there will be
45,499,188 shares and 1,152,500
IPO warrants reserved for
issuance. The shares will trade
under the symbol CBD.U and Cusip
No. 423821 10 7, the IPO
warrants will trade under the
symbol CBD.WT.V and Cusip No.
423821 12 3, and the 2019
warrants will trade under the
symbol CBD.WT.U and Cusip No.
423821 11 5. All of the
securities will trade in U.S.
dollars.
The TSX reports that the IPO
warrants will be exercisable at
$1.20 per share until 4 p.m.
Pacific Time on Jan. 6, 2026.
The IPO warrants will be
governed by a warrant indenture
to be dated on or about Jan. 6,
2021, between the company and
Odyssey. The underlying shares
issuable upon the exercise of
the IPO warrants will be subject
to a contractual hold period and
may not be traded until the date
that is 18 months after the
closing date.
According to the TSX, the 2019
warrants were previously issued
and are exercisable at 85 U.S.
per share until 4 p.m. Eastern
Time on Feb. 28, 2023. The 2019
warrants are currently governed
by a warrant indenture dated
July 26, 2019, as amended by a
first supplemental warrant
indenture dated Nov. 26, 2019,
and a second supplemental
warrant indenture dated Jan. 1,
2020, between the company and
Odyssey. The company will be
entering into an amended and
restated warrant indenture with
Odyssey to be dated on or about
Jan. 6, 2021, which will govern
the 2019 warrants. The
underlying shares issuable upon
exercise of the 2019 warrants
will be subject to a contractual
hold period and may not be
traded until the date that is 18
months after the closing of the
offering.
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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.
