WebJun 21, 2024 · (3) A new company (“SPARC”) will issue warrants (the “SPARC Warrants”) to PSTH’s shareholders. The SPARC Warrants are expected to trade on the NYSE or Nasdaq, and will allow holders to... WebMar 4, 2024 · A PSTH merger with a company in the $70 billion range would raise the value of the target company. The value of the associated sponsor warrants would fall. Bill Ackman’s SPAC execution is also...
PSTHWS - question on buying warrants : SPACs - Reddit
WebFirst off just to clarify the different types of warrants. PSTH-W are the currently tradable PSTH warrants that will be discussed in this guide. PSTH-W were dived up from units at … WebJun 4, 2024 · PSTH to Distribute the Acquired UMG Shares to PSTH Shareholders Later this Year PSTH to Remain a Publicly Traded Company with $1.5 billion of Cash After the Distribution of UMG Shares, and to Seek ... iron bean coffee ohio
Pershing Square Tontine Holdings, Ltd. ("PSTH") Confirms ... - Benzinga
WebYou can exchange these 2/9 warrants for additional PSTH shares or keep them for PSTH Remainco. If you do not convert the 2/9 or 1/9 warrants for more shares of PSTH, you will get PSTH Remainco Warrants for a pro-rated price. It won't be $23. It will most likely be around $6-8, reflecting PSTH Remainco $5.25 in trust. Hope this helps clarify things. WebJun 8, 2024 · The warrants for PSTH have an exercise price of $23. Once exercisable, one warrant gives the holder the right to buy one share of PSTH in the future at that $23 price. … WebJul 12, 2024 · What happens to PSTH stock and warrants now? PSTH will cease to exist on July 26 and it the stock will be redeemed for $20.05 per share. That amount accounts for the IPO price, interest on... port moody property tax 2022