Re: News...Poet Technologies 1,764,720 warrants amended
in response to
by
posted on
Feb 08, 2023 10:36PM
Exactly- which is why we need a clarification from Poet. Removing the Acceleration Clause is not good news to me. It was agreed to, stick to it. Would show weakness in my mind.
What people tend to forget is the stock could go any which way over time. It might even go below $4.25 by May 11, in which case warrants may well not be exercised. If I were a typical warrant holder, I would wait till the last possible date to exercise, unless I intended to exercise and sell the shares. RTV is showing patriotism by exercising early. While I applaud that, I do not believe it makes the most financial sense.