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. Exercise2. Exercise - Cashless3. 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.