JackPowell
2021-11-05

t's not redemption. It is an early conversion of warrants. Every warrant holder will receive .34 share per warrant owned. Those who will not exercise warrants, by 12.06.21 - 5pm NY time, will receive $0.10 per warrant. So every warrant holder, will get fractional share. Cost base= Exercise price $11.50 + price of the warrant. If purchased at market price. There shouldn't be a dilution. For shares to be converted, by warrants exercise, are part of the total shares. Which, were registered with SEC and are part of corporate treasury, or shares outstanding.

Stock had knee jerk reaction, for algorithms, follow The headlines.

$SoFi Technologies Inc.(SOFI)$$SoFi Technologies Inc.(SOFI)$

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