Kansas Second Warrant Agreement by General Physics Corp.
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FAQ
Warrants are transparent and transferable certificates which tend to be more attractive in medium- to long-term investment schemes.
Share warrants covered under the present amendment The same was referred to as ?share warrants? under the said Act, and the shares contained therein can be transferred through mere delivery of the warrant.
What is a Warrant? A warrant is an agreement between two parties ? the ?issuer? (i.e., a company) and the ?holder? of the warrant ? that entitles the holder to purchase the issuer's stock at a specified price within a certain time frame.
The Warrants and the shares of Common Stock issuable upon exercise of the Warrants will be freely transferable by Holders that are not Affiliates of the Company.
Warrants can be bought and sold on the secondary market up until expiry. If the current stock price is below the strike price, the warrant may still have some time value and can still have value in the market.
