- DelphX Capital Markets (DELX) has announced plans to extend the exercise period of 8,116,500 share purchase warrants issued in May 2019 to May 15, 2024
- The company also plans to adjust the exercise price from $0.30 to $0.36 per share
- DelphX is a technology and financial services company focused on developing and distributing structured products
- DelphX Capital Markets Inc. (DELX) ended trading at $0.30, with a dip of $0.055 or 15.493 per cent
DelphX Capital Markets (DELX) is seeking TSX approval to extend the exercise period and price of 8,116,500 share purchase warrants.
The warrants were issued pursuant to a private placement in May 2019.
DelphX intends to extend the exercise period of share purchase warrants until May 15, 2024.
DelphX also plans to adjust the exercise price of the warrants from $0.30 to $0.36 per common share.
The amendments to the warrants are subject to acceptance by the TSX Venture Exchange.
DelphX is a technology and financial services company focused on developing and distributing structured products.
Through its special purpose vehicle Quantem LLC, the company enables fixed-income dealers to offer new private placement securities that optimally transfer and diffuse credit risk, while allowing the enhancement of yield.
DelphX Capital Markets Inc. (DELX) ended trading at $0.30, with a dip of $0.055 or 15.493 per cent.
