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 - SLT.WT.U
Warrant Symbol - SLT.WT
Address: 1800 - 510 Georgia St W
Vancouver BC Canada V6B 0M3
Phone: 416 481 1744
Web Site:
https://saltirecapitalltd.com/
Number Trading - 10,100,000
Expiration Date - September 25, 2029
Cusip - 795927 11 0
Exercise Price - $11.50 USD
Number Trading -
Expiration Date - September 25, 2029
Cusip - 795927 11 0
Exercise Price - $11.50 USD
Warrants called to trade news:
FG Acquisition name change to
Saltire Capital
2024-09-26 18:07 ET - New Listing
The TSX reports that Saltire
common shares and warrants will be
listed and posted for trading on
the TSX at the open on Sept. 30,
2024. There will be 5,259,068
common shares and 10.1 million
warrants issued and outstanding,
with 11.6 million common shares
reserved for issuance. The common
shares will trade under the symbol
SLT.U, in U.S. dollars and with
Cusip No. 795927 10 2, and the
warrants will trade under the
symbol SLT.WT.U, in U.S. dollars
and with Cusip No. 795927 11 0.
The Class A shares and warrants of
FG Acquisition will be halted at
the open on Sept. 30, 2024, and
delisted at the close on the same
day.
Each Saltire warrant will be
exercisable for one common share
at $11.50 (U.S.) per share. The
warrants will expire at 5 p.m.
Toronto time on September 25, 2029
(the day that is five years
following closing of the
qualifying transaction) or may
expire earlier if the expiry date
is accelerated.
Saltire may accelerate the expiry
date of the outstanding warrants
by providing 30 days of notice if,
and only if, the closing price of
the Saltire common shares equals
or exceeds $18 (U.S.) per common
share (as adjusted) for any 20
trading days within a 30-trading
day period, in which case the
expiry date shall be the date that
is 30 days following the date on
which such notice is provided.
FG Acquisition to acquire
Strong/MDI Screen as QT
FG Acquisition's currently issued
and outstanding Class A restricted
voting shares and share purchase
warrants are listed on the Toronto
Stock Exchange (the TSX). In
addition, the corporation has
2,875,000 Class B shares issued
and outstanding. It is a condition
of closing that the common shares
(as defined herein) be listed and
the warrants continue to be listed
on the TSX. The corporation has
reserved the symbols SLT and
SLT.WT for the common shares and
warrants, respectively.
- 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.
