Evernorth’s $132.2 Million Warrant Registration Takes Effect
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Evernorth’s warrant registration is effective, with cash exercises potentially adding up to 11.5 million XRPN shares.
Evernorth’s $132.2 million warrant registration has become effective, according to The Defiant.
If the warrants are exercised for cash, up to 11.5 million additional XRPN shares could be issued. The potential issuance depends on holders exercising their warrants.
Evernorth said any net proceeds would support general corporate purposes. The registration becoming effective does not itself mean the warrants have been exercised or funds received.
Source: The Defiant
