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debt warrant |
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Each Debt Warrant entitles the holder thereof to acquire one (1) common share at an exercise price of $0. 06) per diluted share, which included a non-cash pre-tax charge of $4,437,000, recognized as interest expense, due to the acceleration of amortization of debt warrant discounts as a result of early repayment of debt with proceeds from the initial public offering. 76 per Debt Warrant, which is the equivalent of $1,025 per $1,000 principal amount of Notes into which the Debt Warrants would be exchangeable. |
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