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Ex-Warrant

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Ex-Warrant
The trading of shares when a Warrant has been declared but not distributed.
    
In this case, the Distribution would still belong to the seller rather than someone looking to buy the shares.
    
Warrant is a Derivative Security that gives the Holder the right to purchase securities (usually Equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new Debt issue as a "sweetener" to entice investors.
Posted by  LISA Life Insurance Settlement Association
 
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