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: 300 - 1315 North Service Rd
Oakville Ont Canada L6H 1A7
Phone: 905 829 3336
Web Site: https://sparkpower.ca
Warrant Symbol - SPG.WT
Number Trading - 11,776,654
Expiration Date - August
31, 2023
Cusip - 84651C 11 7
Exercise Price - $3.45
Warrants called to trade news:
Canaccord Genuity
Acquisition name change to Spark
Power
2018-08-31 18:30 MT - Change Name
The Toronto Stock Exchange reports
that Spark Power Group Inc. will be
listed and posted for trading at the
open on Sept. 5, 2018. According to
the TSX, the shareholders of
Canaccord Genuity approved, on Aug.
31, 2018, the acquisition by
Canaccord Genuity of all of the
issued and outstanding shares of
Spark Power Corp. As a result of the
qualifying acquisition, each Class A
unit of Canaccord Genuity will be
exchanged for one share and one
warrant of Spark Power Group.
The TSX reports that there will be
44,920,315 shares and 11,776,654
warrants of Spark Power Group issued
and outstanding on the trading date,
with 18,880,807 shares reserved for
issuance. The shares will trade
under the symbol SPG and Cusip No.
84651C 10 9. The warrants will trade
under the symbol SPG.WT and Cusip
No. 84651C 11 7.
According to the TSX, each warrant
will be exercisable at $3.45 per
share starting 30 days following the
closing of the qualifying
acquisition until 5 p.m. Toronto
time on Aug. 31, 2023, the day that
is five years following the closing
of the qualifying acquisition,
unless the expiry date is
accelerated.
© 2018 Canjex Publishing Ltd. All
rights reserved.
- 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.
