FOLITIC / WARRANTS & RIGHTS

Warrants & Rights Trading Guide

Understand warrants and subscription rights, from contract basics to pricing, dilution, exercise and portfolio risk. Follow eight stages covering corporate warrants, covered warrants and rights issues.

Start with What a warrant gives you and what it does not, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.

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Corporate Warrants and Dilution · All lessons

Corporate Warrants and Dilution

Study new shares, financing, redemption and the changing ownership structure.

Intermediate

How warrant exercise changes share count and ownership

Corporate warrant exercise can increase both the share count and company cash. Ownership dilution is a proportion calculation, while the effect on value depends on price,...

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Intermediate

Warrants in company financing and investment packages

A financing package can combine shares or debt with warrants. Understanding each component reveals who contributes cash, who receives future upside and which terms affect existing...

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Intermediate

Redemption clauses and the risk of missing a notice

Some corporate warrants can be redeemed early under their terms. A notice can replace a long investment horizon with a short decision window, making monitoring as...

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Intermediate

SPAC units public warrants and private warrant terms

A SPAC unit, its ordinary shares and its warrants are separate instruments. Their rights can diverge sharply through a business combination, redemption process or liquidation.

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