On the expiry date, if the underlying stock price is higher than the exercise price of the stock warrant, investors have the right to request the exercise of the warrants and receive a cash payment equal to the difference between the settlement price and the exercise price.
The payment to investors is completed within 05 working days from when the investor places the warrant exercise order or from the expiry date.
The warrants will not be exercised if the underlying stock price is lower than the exercise price.
