Fri, Mar 6, 2015, 4:02 AM EST - U.S. Markets open in 5 hrs 28 mins


% | $
Quotes you view appear here for quick access.

ARMOUR Residential REIT, Inc. Message Board

  • nkbae44 nkbae44 Aug 3, 2012 9:26 AM Flag

    keeping under 7.50 until nov warrants expire?

    As a condition of the transaction, Enterprise’s warrant holders will be asked to amend the strike price of their warrants to (i) increase the exercise price of Enterprise’s warrants from $7.50 per share to $11.00 per share and (ii) extend the expiration date of the warrants by one year to November 7, 2012.

    Taken from the merger agreement in 2009,it states "holders will be asked" could they be keeping the price under 7.50 until warrants expire? It doesn't say warrant holders will be "required", I don't know sheet does anyone else with more knowledge have any input.

3.21+0.01(+0.31%)Mar 5 4:03 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Geron Corporation
NASDAQThu, Mar 5, 2015 4:00 PM EST
Orexigen Therapeutics, Inc.
NASDAQThu, Mar 5, 2015 4:00 PM EST
Vivint Solar, Inc.
NYSEThu, Mar 5, 2015 4:00 PM EST