other material
confidence high
sentiment neutral
materiality 0.50
Roivant announces redemption of all outstanding warrants at $0.10 each, effective September 1, 2023
Roivant Sciences Ltd.
- Redemption of all outstanding public and private warrants at $0.10 each; redemption date Sept 1, 2023, 5:00 p.m. NY time.
- Holders may exercise for cash at $11.50/share or on cashless basis for up to 0.361 common shares per warrant.
- Share price condition met as of July 28, 2023 — common shares closed at $10+ for 20 of 30 trading days.
- Unexercised warrants after the redemption date will be void and only eligible for $0.10 redemption price.