0.00Open0.01Pre Close0 Volume0 Open Interest2.00Strike Price0.00Turnover2959.80%IV42.05%PremiumMay 17, 2024Expiry Date0.00Intrinsic Value100Multiplier-5DDays to Expiry0.01Time Value100Contract SizeAmericanOptions Type0.0742Delta0.4240Gamma141.50Leverage Ratio-0.9184Theta0.0000Rho10.49Eff Leverage0.0000Vega
Trytosaveabit : I’m not sure what the circumstances are in this particular situation? But maybe the warrants were “ Price Protection Warrants “? Benefits the warrant holder but dilutes existing common shareholders because yes it causes dilution! Only a guess until I look at the warrants! But that would make sense to me.
doctorpot1 : i think you are referring to this news? https://www.bakersfield.com/ap/news/amprius-announces-temporary-offer-allowing-public-and-private-warrants-to-be-exercised-at-a-reduced/article_5ef45dd2-4274-55d2-bb6c-129e65ff347f.html
doctorpot1 : looks like they need cash and is using the warrant to raise cash instead. they need to give a discount so as to incentive the warrant holder to exercise and buy the shares.