dividend
confidence high
sentiment neutral
materiality 0.50
FingerMotion (FNGR) board preliminarily approves warrant dividend to common holders
FingerMotion, Inc.
- Board preliminarily approved dividend in kind of warrants to purchase common stock; terms and record/payment dates to be set by further board resolution.
- Warrants to be created via warrant agreement with institutional agent; company will file S-3 registration statement and seek Nasdaq listing for warrants and underlying shares.
- Dividend declaration expected after SEC completes review, subject to market and other conditions.