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Stocks in play: FAX Capital Corp.

·1 min read

Is providing a reminder to holders of the Company’s founder warrants (the Founder Warrants) issued on November 21, 2019, in connection with the Company’s public offering of units, that the Founder Warrants are scheduled to expire on November 22, 2021. Each Founder Warrant entitles the holder to acquire, subject to adjustment in certain circumstances, one subordinate voting share of the Company (a Subordinate Voting Share) at an exercise price equal to $4.50 per Subordinate Voting Share. The Founder Warrants currently trade on the Toronto Stock Exchange under the trading symbol FXC.WT. FAX Capital Corp. shares T.FXC are trading down $0.01 at $4.35.

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