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detachable warrant |
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Detachable warrant A warrant entitles the holder to buy a given number of shares of stock at a stipulated price. A detachable warrant is one that may be sold separately from the package it may have originally been issued with (usually a bond).
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| issued debt with detachable warrants to individual B for $1,000. NEW YORK -- Branded Media Corporation (BMCP), ("Branded Media" or the "Company"), a brand building, marketing and management company, today announced that it has completed a private placement of units of convertible debentures with detachable warrants to accredited investors. In similar fashion, APBO 14 (3-69), [paragraph]12, prevents an allocation of a debt issue price to a conversion feature, while [paragraph]17 does allocate the issue price to the value of a detachable warrant. |
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