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View Full Version : AAWW AMZN Warrant Expiration


Birdsmash
12-21-2018, 10:06 AM
When do the warrants that AAWW granted AMZN expire? They were issued at a strike of $37.50. To the best of my knowledge AMZN hasnít exercised their warrants at either AAWW or ATSG.


Atrasaty
12-21-2018, 10:54 AM
When do the warrants that AAWW granted AMZN expire? They were issued at a strike of $37.50. To the best of my knowledge AMZN hasn’t exercised their warrants at either AAWW or ATSG.

Looked like a deal when stock was at $60. The price will be below $37 by next week and well below in 1st Q-19 when we park jets and defer deliveries due to lack of crew and the market really gets the whole picture. Way to go Atlas management.

akfrtdwg 57
12-21-2018, 11:34 AM
Looked like a deal when stock was at $60. The price will be below $37 by next week and well below in 1st Q-19 when we park jets and defer deliveries due to lack of crew and the market really gets the whole picture. Way to go Atlas management.

You mean $37 by today...


Atrasaty
12-21-2018, 01:32 PM
You mean $37 by today...

Apologies.......already well below $37.

JackStraw
12-21-2018, 01:41 PM
I think those warrants are more like a “right of first refusal” in case someone tries to buy AAWW or ATSG

zerozero
12-21-2018, 01:43 PM
When do the warrants that AAWW granted AMZN expire? They were issued at a strike of $37.50. To the best of my knowledge AMZN hasnít exercised their warrants at either AAWW or ATSG.

AMZN has 5 years after summer of 2016 to exercise the first 7.5 million shares. They have 7 years after summer of 2016 to exercise an additional 3.75 million shares.

AMZN can bail out of the entire deal with 180 days notice.

All according to the public proxy statement.

Birdsmash
12-21-2018, 02:18 PM
AMZN has 5 years after summer of 2016 to exercise the first 7.5 million shares. They have 7 years after summer of 2016 to exercise an additional 3.75 million shares.

AMZN can bail out of the entire deal with 180 days notice.

All according to the public proxy statement.

Thank you!

midnightshuttle
12-21-2018, 09:39 PM
Wow, ATSG is climbing and Atlas falling. They are getting closer than anytime in the past



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