$Roivant Sciences (ROIV.US)$ Why ROIV is up today? Roivant A...
$Roivant Sciences(ROIV.US$ Why ROIV is up today?
Roivant Announced Warrants Redemption Fair Market Value at$11.35 after hours yesterday. Redemption Fair Market Value (FMV) is the price that a company will pay to holders of outstanding warrants to redeem them. If the FMV is greater than the stock price, then warrant holders will be more likely to exercise their warrants, as they will be able to buy shares of stock at a discount.
Roivant Announced Warrants Redemption Fair Market Value at$11.35 after hours yesterday. Redemption Fair Market Value (FMV) is the price that a company will pay to holders of outstanding warrants to redeem them. If the FMV is greater than the stock price, then warrant holders will be more likely to exercise their warrants, as they will be able to buy shares of stock at a discount.
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