Piggyback Warrants

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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 ?
50; and a piggy-back warrant, with a conversion price of $1.
Each unit consists of one common share and a non-transferable piggy-back warrant comprised of an "A" and a "B" warrant.