other material
confidence high
sentiment neutral
materiality 0.30
OneSpaWorld warrants expire; 465,689 unexercised cancelled, net proceeds of $54.1M over 5 years
ONESPAWORLD HOLDINGS Ltd
- Exercise period ended Mar 19, 2024; 465,689 of 24.5M warrants unexercised and cancelled.
- Over 5 years, 24,034,310 warrants exercised, generating net proceeds of ~$54.1M.
- 19,270,733 warrants were previously exchanged for common shares via private agreements.
- Total warrants originally issued: 24,499,999 at $11.50 exercise price.