TOKENPOST
1 min read
Add as a preferred source on Google

JP3E Holdings Issues Leadership Warrants Exercisable for $19.21 Million

The warrants cover 1.96 billion common shares at an exercise price of $0.0098 per share.

By John Kim
Published
Three sealed warrant folders arranged beside a brass gavel / TokenPost.ai
Three sealed warrant folders arranged beside a brass gavel / TokenPost.ai

JP3E Holdings (JPTE) issued leadership warrants covering 1.96 billion common shares, with the full exercise cost totaling about $19.21 million.

CEO John K. Park received warrants for 980.03 million shares. Exercising Park’s warrants in full would cost about $9.60 million.

Directors Dr. Henry Ji and Stephen Ma each received warrants for 490.02 million shares, requiring about $4.80 million apiece to exercise in full.

All of the warrants carry an exercise price of $0.0098 per share.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…