Download Warrants (1)
- 1. WARRANTSWarrants are securities that give holders the right,but not the obligation, to buy share of commonstock directly from a company at fixed price for agiven period of time. Each warrants specifies thenumber of share of stock that the holder can buy.The exercise price and the expiration date. Warrants are also refers to as equity kickersbecause they are usually issued in combinationwith privately placed bonds. Sometimes warrantscan be detachable.