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Cymat Technologies Looks to Reprice Down Warrants to Incentivize Holders

Por: MarketWatch Business March 07, 2023

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Originally, the warrants had an exercise price of C$0.90 each. The warrants are set to expire on May 5. Cymat said it aims to encourage the warrants to be redeemed by investors which would improve the company's balance sheet and help finance a number of its business development opportunities in the automotive and military sectors. Since the beginning of the year, the stock has risen about 6.5% to C$0.41 a share, but was still close to 35%... + full article



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