other material
confidence high
sentiment neutral
materiality 0.50
Blue Owl calls for redemption of all outstanding public warrants at $0.10/share
BLUE OWL CAPITAL INC.
- Redemption price $0.10 per public warrant; deadline 5:00 p.m. ET on Aug 18, 2022.
- Holders may exercise for cash at $11.50/share or cashless for 0.239 Class A shares per warrant.
- Condition met: Class A stock closing price over $10 on July 15, 2022 triggered redemption.
- Public warrants (OWL.WS) to be delisted from NYSE after the redemption date.
- Private placement warrants not affected; remain outstanding.