0.00Open0.00Pre Close0 Volume0 Open Interest5.00Strike Price0.00Turnover8436.77%IV254.61%PremiumMay 17, 2024Expiry Date3.59Intrinsic Value100Multiplier-5DDays to Expiry0.00Time Value100Contract SizeAmericanOptions Type-0.9378Delta0.1300Gamma--Leverage Ratio-2.2279Theta0.0000Rho0.00Eff 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.