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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Merida Merger completes
$120-million IPO
Address: 1800 - 641
Lexington Ave
New York NY USA 10022
Phone: 917 745 7085
Warrant Symbol -
MMK.WT.U
Number Trading -
6 million
Expiration Date -
Cusip -
Exercise Price - $11.50
Warrants called to trade news:
Merida Merger I to be delisted from NEO
2021-08-25 15:28 ET -
Miscellaneous
In connection with Merida Merger Corp. I's qualifying transaction with Leafly
Holdings Inc., the common shares and warrants of Merida will be delisted from
NEO at the end of day on Wednesday, Sept. 1, 2021.
Security delisting information
Symbol: MMK.WT.U
Cusip No.: 58953M 11 4
ISIN: US 58953M 11 4 6
Delisting date: Sept. 1, 2021 (at the close of trading)
© 2022 Canjex Publishing Ltd. All rights reserved.
2019-11-07 11:57 MT -
News Release
Merida Merger Corp. I has closed
its initial public offering of 12
million units at $10 (U.S.) per
unit, resulting in gross proceeds
of $120-million.
The units began trading on Nov. 5,
2019, on the Nasdaq Stock Market
under the symbol MCMJU and began
trading on the Neo Exchange on
Nov. 7, 2019, under the symbol
MMK.UN. Each unit comprises one
share of common stock of the
company and one-half of one
redeemable warrant, with each
whole warrant entitling the holder
to purchase one share of common
stock at a price of $11.50 (U.S.)
per share. Once the securities
comprising the units begin
separate trading, the common stock
and warrants are expected to be
traded on Nasdaq under the symbols
MCMJ and MCMJW and on the NEO
under the symbols MMK.U and
MMK.WT.U, respectively.
- 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.
