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Warrants Alert

           

 

Name -
Stone Energy Corporation
Website -
Symbol - SGY.WS
Cusip Number -
Expiry Date -
Exercise Price - $42.04



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Additionally, the pre-petition stockholders will receive Warrants to purchase 3,529,412 New Common Shares, or approximately 3.529412 Warrants for each 1 New Common Share. This would equate to 0.622009 Warrants for each 1 Existing Share (each based on 5,674,558 Existing Shares issued and outstanding and subject to rounding). The Warrants have an exercise price of $42.04 per share, as the same may be adjusted pursuant to the terms of the Warrants, and a term of four years, unless terminated earlier by their terms upon the consummation of certain business combinations or sale transactions involving the Company.

https://boereport.com/2017/02/24/stone-energy-corporation-announces-continued-listing-of-new-shares-of-common-stock-and-trading-under-ticker-sgy-following-emergence-from-chapter-11-reorganization/



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