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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Warrant Symbol - SPAC.WT-U
Warrants called to trade news:
Address: 2400 - Willow House
Calgary AB Canada T2P 2Z1
Phone: 917 819 6685
Fax:
Web Site:
https://mercerparkopportunities.com/
Number Trading - 622,335,625
Expiration Date - September 3, 2029
Cusip - G6002A 16 2
Exercise Price - $11.00 USD
Mercer Park Opportunities
separation of units
2024-08-29 14:13 ET -
Miscellaneous
The Toronto Stock Exchange reports
that Mercer Park Opportunities
Corp. Class A restricted voting
shares, share purchase warrants
and rights will be listed and
posted for trading at the open on
Sept. 3, 2024.
According to the TSX, there will
be 21.25 million Class A shares,
22,336,625 warrants and 21,716,875
rights issued and outstanding, and
24,507,312 Class A shares reserved
for issuance. The Class A shares
will trade under the symbol SPAC.U
and with Cusip No. G6002A 10 5,
the warrants will trade under the
symbol SPAC.WT.U and with Cusip
No. G6002A 16 2, and the rights
will trade under the symbol
SPAC.RT.U and with Cusip No.
G6002A 19 6. The securities will
trade in U.S. dollars.
Principal terms of the warrants
Each whole warrant entitles the
holder to purchase one Class A
share. The warrants will become
exercisable, at an exercise price
of $11 (U.S.) per share, starting
65 days after the completion of
the qualifying acquisition. As the
Class A shares will have been
automatically converted into
subordinate voting shares, each
whole warrant will then be
exercisable for one subordinate
voting share.
The warrants will expire at 5 p.m.
Toronto time on the day that is
five years after the completion of
the qualifying acquisition,
subject to an acceleration clause.
If the expiry date is accelerated,
the company's board of directors
will have the option to require
all holders that wish to exercise
accelerated warrants to do so, in
whole or in part, on a cashless
basis.
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- 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.
