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Warrants
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Warrants are financial products that are normally issued by a bank or some other financial institution, or by the company themselves. They can be traded on NZX's markets just like buying or selling shares.
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The Warrants Section closes over 700 Sheriff’s Office warrants yearly, and maintains an active warrant list of about 700 wanted persons. The warrants originate from local courts, Oneida County Superior and Family Courts and Oneida County Probation. The warrants are based on violation, misdemeanor or felony charges, and may be:
The Amended Warrants Agreement reduced the exercise price of the warrants to $0.90 per share if exercised in whole or in part prior to 5:00 p.m., C.S.T., Monday, December 13, 2004. The adjusted exercise price was not binding upon the Company if less than Two Million Dollars ($2,000,000) was received pursuant to the Amended Warrants Agreement terms.
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Warrants can be issued in any division of the King County District Court. If you know that a warrant has been issued for your arrest and you wish to take care of it, follow the procedures below for the division where the case has been filed. In all cases, you must appear in person to take care of the warrant. This cannot be done over the telephone.
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Warrants can be used as a form of insurance to protect an existing share portfolio against a falling market. An investor with a holding in a particular stock who was nervous about the future direction the market could purchase
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Rockford entered into the original agreements to issue $12.5 million of 4.5% Convertible Senior Subordinated Secured Notes and Warrants on June 10, 2004 and amended them on November 12, 2004. After the repurchase, $9.5 million face amount of notes and 961,573 associated warrants remain outstanding.
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