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: 1 Adelaide
Street East, 21st Floor
Toronto, Ontario Canada M5C 2V9
Phone: 647 253-1156
E-mail:
JTurnbull@dundeeglobal.com
Warrant Symbol - DAQ.WT
Number Trading -
Expiration Date -
Cusip -
Exercise Price -
Warrants called to trade
news
Dundee Acquisition's shares,
warrants to trade June 1
2015-05-29 08:42 MT -
News Release
The securities underlying Dundee
Acquisition Ltd.'s Class A
restricted voting units,
consisting of one Class A
restricted voting share and
one-half of a warrant, will
commence trading separately on
the Toronto Stock Exchange,
effective June 1, 2015. The
Class A restricted voting shares
and whole warrants are expected
to trade under the symbols DAQ.A
and DAQ.WT, respectively.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd.
All rights reserved.
Dundee Acquisition
closes $100-million IPO
2015-04-21 06:55 MT - News
Release
Each Class A restricted voting
unit has an offering price of
$10 and consists of one Class A
restricted voting share and
one-half of a warrant. Following
a qualifying acquisition, each
Class A restricted voting share
will be automatically converted
into one Class B share of Dundee
Acquisition, and accordingly,
each whole warrant will entitle
the holder thereof to purchase
one Class B share at an exercise
price of $11.50, subject to the
terms and conditions described
in the final prospectus. Upon
certain events, the Class A
restricted voting shares,
forming part of the Class A
restricted voting units, will be
redeemable by holders for a pro
rata portion of the escrow
account, net of taxes payable
and other prescribed amounts and
expenses, as further described
in the final prospectus.
The Class A restricted voting
units will commence trading on
the Toronto Stock Exchange under
the symbol DAQ.UN. The Class A
restricted voting units will
separate into Class A restricted
voting shares and warrants 40
days following the closing of
the offering (or the next
trading day, if the 40th day is
not a trading day) and will
trade under the symbols DAQ.A
and DAQ.WT, respectively.
Concurrent with closing, Dundee
Corp. purchased 400,000 Class B
units in a private placement at
an offering price of $10 per
Class B unit, for an aggregate
purchase price of $4-million.
Each Class B unit consists of
one Class B share and one-half
of a warrant. If the
overallotment option is
exercised, Dundee intends to
purchase an additional 37,500
Class B units.
© 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.
