Piggyback Warrants

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 ?
In addition, the board of directors of the Company has further approved extending the expiry date of the $2 piggyback warrants attached to the aforementioned private placement offering of units from January 9, 2006 to September 30, 2006.