other material
confidence high
sentiment neutral
materiality 0.50
Roivant completes redemption of outstanding warrants; most exercised for shares
Roivant Sciences Ltd.
- 20,061,507 public warrants exercised cashless for 5,005,531 common shares; 397 exercised for cash at $11.50.
- All private warrants exercised cashless for 2,548,621 common shares.
- Redemption price was $0.10 per warrant; warrants delisted from Nasdaq.
- Common shares continue trading under ROIV on Nasdaq.