$SPCE I'd rather personally pay the 11.5 I thinkšŸ¤”
$SPCE Say stock at $30 when warrants called ... Warrants exercised for cash ... pay $11.50 and you get a share. Warrants called on cashless basis ... you pay nothing and get .617 shares. Dif between $30 and $11.50. Odds are they do the latter! Warrant holders then realize they are underinvested ... and buy more stock!
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