other material
confidence high
sentiment neutral
materiality 0.50
Hillman Solutions calls for redemption of all outstanding warrants at $0.10 each
Hillman Solutions Corp.
- Public and private warrants redeemable at $0.10 per warrant; deadline 5:00 p.m. ET on December 22, 2021.
- Warrants may be exercised for common stock at $11.50 per share or on cashless basis (max 0.361 shares per warrant).
- Redemption triggered by common stock closing at or above $10.00 for 20 of 30 trading days; Nov 19 close was $10.46.
- Unexercised warrants after redemption date become void and holders receive only $0.10 per warrant.