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Warrant Unto and , Two Form

Warrant Unto and , Two Form

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hi folks and welcome to this short lecture on warrants what exactly are warrants well they're like stock rates in a sense that they do allow us the privilege to buy common shares at a later date but the warrants we're talking about here are a special kind of stock rate and that they're usually detachable from the bond itself so they're a little bit different than stock rates that are attached to convertible bonds because the warrants can trade separately recall with convertible bonds any of the stock rates that were attached to it when we decided to exercise our rights we also had to remove any part of the bonds to W that to which those rights were attached and then issue the common shares here it's very different warrants can trade separately apart from the bond and we can trade them for common shares without retiring the bond again this was not the case with convertible debt warrants are usually valid for a much longer period of time than our s

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