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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Bragg Gaming to list on
TSX Jan. 27
Address: 2A - 64 Jardin
Dr
Concord ON Canada L4K 3P3
Phone: 905 761 9200
Fax: 905 761 8976
Web Site: https://www.bragg.games
Warrant Symbol - BRAG.WT
Number Trading -
15,673,292
Expiration Date -
November 18, 2023
Exercise Price - $1.00
Cusip - 104833 12 4
Warrants called to trade news:
Bragg Gaming prospectus accepted
for unit distribution
2020-11-20 14:14 MT -
Prospectus Approved
Offering: 29,572,250 units
(includes 3,857,250 units of
underwriter's overallotment
option); each unit consists of one
common share and one-half of one
common share purchase warrant,
with each whole warrant being
exercisable into one common share
at $1 until Nov. 18, 2023
Unit price: 70 cents per unit
Capitalization: up to 15,673,292
warrants created and authorized,
of which 14,786,125 are issued and
outstanding
Trading symbol: BRAG.WT
Cusip No.: 104833
12
4.
If, at any time prior to Nov. 18,
2023, the volume weighted average
trading price of the common shares
on the TSX Venture Exchange
exceeds $1.50 for 10 consecutive
trading days, the company may,
within 10 days of the occurrence
of such event, provide written
notice to the holders of the
warrants and the warrant agent,
supplemented by way of a news
release, accelerating the expiry
date of the warrants from the
warrant expiry date to the date
that is 30 days following the date
of such notice. Any unexercised
warrants will automatically expire
on the accelerated expiry date in
accordance with the warrant
indenture.
© 2020 Canjex Publishing Ltd. All
rights reserved.
2021-01-25 14:13 ET - Shares
Delisted from TSX-V
The TSX Venture Exchange has been
advised that the company's shares
and warrants will be listed and
commence trading on Toronto Stock
Exchange at the opening on Jan.
27, 2021, under the symbols BRAG
and BRAG.WT.
The company has now delivered to
holders of warrants a notice of
the occurrence of the acceleration
trigger and its election to
accelerate the expiry date of the
warrants to Feb. 22, 2021.
Accordingly, any warrants that
have not been exercised by 4.30
p.m. ET on Feb. 22, 2021, will
automatically be cancelled.
© 2022 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.
