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Originally Posted by Krovikan
Oh you have 30 days, I was under the impression you had to execute right away.
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On most warrants the company has to give ample notice - I believe the SEC requirement is 30 days but the agreement would stipulate.
I checked and it is in fact no less than 30 days for redemption notice.
Quote:
Once the Public Warrants become exercisable, we may call the warrants for redemption:
● in whole and not in part;
● at a price of $0.01 per warrant;
● upon not less than 30 days’ prior written notice of redemption to each warrantholder; and
● if, and only if, the reported last sale price of the New AMCI common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending three business days before we send the notice of redemption to the warrantholders.
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