Really curious about the warrant situation with Redbox. Everyone is claiming the warrants are locked until the merger without any proof. Warrants are still being traded and seeming to move with the price of Redbox which makes no sense if they are locked until the merger and the strike goes from $11.50 to $132 from what I read in the merger agreement. But then again the people I chatted with who where trading warrants were completely clueless so maybe there’s just a bunch of people with no idea what’s going on trading warrants? Also want to know if you exercise a warrant is it instant or take a few days? Google searches aren’t telling me anything useful.
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