Welcome to our dedicated page for RADIW news (Ticker: RADIW), a resource for investors and traders seeking the latest updates and insights on RADIW stock.
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Radius Global Infrastructure, Inc. (NASDAQ: RADI) announced a mandatory "Redemption Event" for its outstanding warrants as of November 19, 2021. Unexercised warrants will be redeemed at $0.01 each after December 17, 2021, following a surge in the stock price exceeding $18.00. Holders can exercise their warrants at a 3:1 ratio for Class A common stock at $11.50 each. If fully exercised, this could yield $191.6 million and issue an additional 16,659,152 shares. The company has not made recommendations regarding exercising these warrants.
