Piggyback Warrants

(redirected from Piggy Back Warrant)

Piggyback Warrants

Warrants that are attached to a security and come into effect when other warrants are exercised. Piggyback warrants, like general warrants, are usually attached as sweeteners to make the security more attractive to investors.
References in periodicals archive ?
Piggy back warrants may only be exercised if underlying warrants are exercised, and the expiry dates for the warrants and piggy back warrants are July 31, 2005, and January 9, 2006 respectively.