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Exercising Corporate Action Warrants


M4an1_l

Question

Hello Everyone, i was wondering if someone could help explain the below to me (sent to me by the Corporate Action team).

I was told i have 3 options with the Warrant A  (+144 shares currently at 11.25) and Warrant B (+72 shares currently at 11.5) available. The current Whiting Petroleum shares stand at 68.03.

Any help or advice would be appreciated as i'm unsure what i should do with these warrants or if there's any benefit in then. 

Kind Regards

Please be informed that the below warrants have 3 options:
1. Exercise
2. Exercise - Cashless
3. No Action(Take no action)

Terms:
Warrants A: 1 WARRANT PLUS USD 73.44 EQUALS 1 COMMON SHARE OF WHITING PETE CORP (Deadline 26th Aug 2024)
Warrants B: 1 WARRANT PLUS USD 83.45 EQUALS 1 COMMON SHARE OF WHITING PETE CORP (Deadline 26th Aug 2025)

Please submit your instructions before the deadline if you wish to exercise.

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On 05/07/2022 at 20:16, M4an1_l said:

Hello Everyone, i was wondering if someone could help explain the below to me (sent to me by the Corporate Action team).

I was told i have 3 options with the Warrant A  (+144 shares currently at 11.25) and Warrant B (+72 shares currently at 11.5) available. The current Whiting Petroleum shares stand at 68.03.

Any help or advice would be appreciated as i'm unsure what i should do with these warrants or if there's any benefit in then. 

Kind Regards

Please be informed that the below warrants have 3 options:
1. Exercise
2. Exercise - Cashless
3. No Action(Take no action)

Terms:
Warrants A: 1 WARRANT PLUS USD 73.44 EQUALS 1 COMMON SHARE OF WHITING PETE CORP (Deadline 26th Aug 2024)
Warrants B: 1 WARRANT PLUS USD 83.45 EQUALS 1 COMMON SHARE OF WHITING PETE CORP (Deadline 26th Aug 2025)

Please submit your instructions before the deadline if you wish to exercise.

Hi @M4an1_l,

You can reply to that email asking for further information from the Corporate Action team on your options. Make sure that you reach out to them before the deadline.

All the best - Arvin

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