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Until the SEC approves the effective date of registration, all common shares will trade with warrant due bills.
163; see Coscia, Tax Clinic, "Debt Issued with Warrants," p.
Issue of debentures with warrants to subscribe for new shares
Issue of debentures with warrants to subscribe for new shares directed to the company's Finnish subsidiary
Alternatively some companies are replacing debt previously issued with warrants, to finance capital at a lower interest rate.
Holders of existing warrants will shortly receive a Letter of Transmittal from Montreal Trust Company of Canada (the "Warrant Agent") and they are requested to complete and return the document together with warrants as directed.
17 for shares purchased with warrants issued in the initial public offering.
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