Share your opinion and gain insight from other stock traders and investors. I originally bought in at $14.11 and sold in the $40’s. Almost all SPAC Warrants have a five-year term after any merger has been consummated. If you buy CCIV/U, you are getting a unit which is 1 share and 0.2 warrants. After a merger any changes to share allocation for warrants, common shares and options should move in lock-step under a new ticker symbol. Wedding Warrant: A warrant that can only be exercised if the host asset, typically a bond or preferred stock, is surrendered. I know nothing about them so please give me your worst - cheers thank you. CCIV has $2bn in cash and add the PIPE, likely $3bn+, at a $12bn valuation, that will total about 20% sale with CCIV public holders getting 12-14% post-20%-founder. I think warrants are a better play if you have limited capital. The action was attributed to traders from platforms such as Reddit joining together to buy companies known to be heavily shorted in hopes of initiating so-called “short squeezes.” The goal of a short squeeze is to drive a stock price to a level in which short sellers are forced to cover their position, thus, joining in the frenzy of buying due to big losses or a margin call. The CCIV reddit megathread says it was a stop loss raid on warrants??? there is a different ticker for the unit and the shares. For example, companies commonly issue stock options to employees and other service providers as a benefit or added incentive to work hard. I’ve seen a lot of talk about warrants on this sub and I’m not exactly sure how they work and I don’t think I’m alone. help Reddit App Reddit coins Reddit premium Reddit gifts. There is a possibility of cashless redemption whereby you get commons equivalent to what warrants are worth. The stock is already up over 80%, just based on merger rumours. CCIV.U (1 unit = 1 share and 1/5th warrant), CCIV (1 share), CCIV.WS (1 warrant). Now is a good time to snap up warrants at $15.00 warrant. Feb 18 0. I heard we're going to move to beer in a week or two. A warrant is a contract that gives the investor the right, but not the obligation, to buy shares at a certain price from the company. Klein’s fourth SPAC Churchill Capital Corp IV (NYSE: CCIV) is one of the most talked-about SPACs currently searching for a target. Carv warrants that our hardware products will be free from defects in materials and workmanship under normal use for two (2) years from the date of purchase by you from www.getcarv.com or an authorised seller as shown in the online order confirmation or shop receipt.. Only whole warrants can be redeemed for 1 share. If you buy CCIV/U, you are getting a unit which is 1 share and 0.2 warrants. At $20 common – $11.50 strike price, your warrant is intrinsically worth $8.50 each. I do not know if cashless redemption applies to CCIV. Please use this thread for basic questions and leave the main sub for breaking news and DD. Cciv and lucid could be game changing for evs with major price prediction. Reasons a warrant has been issued could include unpaid fines or court fees, issues related to parole or probation, or child support obligations. So CCIV warrants are already giving you a 27.94% return. CCIV/WS (Warrant Exp 8/4/25 with $11.50 strike price) Closed yesterday at $13.20; If I plan to buy now and hold long term, it seems like the real cost of each share is currently . I was fortunate enough to grab 1000 common under $12 today but want to load up on warrants.... do you guys still feel value up to $5 for these?? If you haven't already, please check out r/Spacs Wiki for great information, as well as the resources available in the menu. Date to Expire: For warrants, the longer time to expire, the higher theoretical price, and vice versa. I think CCIV is a good short candidate because 1. the rally is all pre-DA and uncertain, 2. even with certainty $50 represents more than 500% IPO … CCIV Warrants I’ve seen a lot of talk about warrants on this sub and I’m not exactly sure how they work and I don’t think I’m alone. CCIV, the ticker by which the former Citi banker’s SPAC is known by Redditors and other retail fans, is at the center of the stock market’s latest bout of speculative mania. Companies issue stock warrants in a large part to raise capital. Ok so when I buy a "share" of cciv on td ameritrade am I getting units or shares? Reply. Welcome to the Daily Discussion! Hope you guys got some .. it's just starting. And this is in the warrant section so it sounds to me like you can exercise your warrants and for every five securities you own you now have an additional warrant … Why are warrants so volatile compared to the stock itself and can someone give some explanation on why they think that dip occurred. CCIV has 207 million shares outstanding. Press question mark to learn the rest of the keyboard shortcuts. Cciv and lucid could be game changing for evs with major price prediction. CCIV has run up a lot in the past 10 days. Back to top. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. These rules include a 60% weighting to IPO companies that … The CCIV shareholders end up with 16.1%, but that is based on 258m shares out, including dilution from warrants. CCIV is a great vehicle to go public (well-structured, great sponsor and track record). SPAC Churchill Capital IV (NYSE:CCIV) jumped 35% on a Reuters report that the company is close to a deal to take Lucid Motors public at a valuation of about $12b. I would greatly appreciate if someone below could give a good explanation of CCIV warrants. re: CCIV/Lucid Motors merger rumors floating around Posted by Capt ST on 2/19/21 at 2:23 pm to amgslg. 2.1k. if you buy CCIV, you are getting 1 share. Cciv) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on benzinga. ), Looks like you're using new Reddit on an old browser. CCIV, Fintech Zoom by which the former Citi banker’s SPAC is known by Redditors and other retail fans, is at the center of the stock market’s latest bout of speculative mania. Cisco / Eng. The current CCIV stock price and the 291 million shares outstanding (including warrants) value Churchill's eventual stake in Lucid at roughly $15 billion. Did somebody know something? If you haven't already, please check out r/Spacs Wiki for great information, as well as the resources available in the menu. Stock Warrants Are Used to Raise Capital. Up to your appetite. A warrant is like an option but traded like a stock. So you would need 5 CCIv.U to get 5 + 1 share. When to dump CCIV. In general, a short term warrant will expire within 3-4 months. Feb 18 0. Bench warrants are issued on behalf of the court when an individual fails to appear in court. Warrants are very similar to stock options in their basic terms and structure, and in the context of high-growth emerging companies the differences mostly stem from who the relevant parties are. Replies (1) Options Top. I’ve never traded warrants and I’ve figured out how, but curious if you guys think the Warrants are a better buy right now vs the stock price? Currently, warrants are priced at $9.20 and commons at $23.40. Crazy! The real number, excluding warrants, is … This warranty applies only to the original purchaser of the product. And what would you consider the risks involved in owning warrants? Join. I've been on hold with Ameritrade for over 6 hours this morning. Warrants are issued by companies, giving the holder the right but not the obligation to buy a security at a particular price. A little even before Bloomberg broke the news. A warrant gives the holder the right, but not the obligation, to buy common shares of … I would greatly appreciate if someone below could give a good explanation of CCIV warrants. warrant+11.50=share..eventually after merge finishes, But what about the insane price drop and recovery on Friday. if you buy CCIV/WS, you are getting 1 warrant. … Churchill Corp subject of merger speculation with Lucid Motors. This is essentially what’s happened to Churchill Capital Corp IV, the largest of Michael Klein’s seven special purpose acquisition companies. cciv warrants; cciv stocktwits; cciv stock forecast; cciv merger date; cciv twitter; cciv stock price; cciv merger update; cciv lucid; YouTube. Online. I'm still trying to figure it out too ( warrants ) - baby question but what happens to the warrants when ticker changers to Lucid ticker? filingshows the Churchill IV sponsor owns 51.75 million shares and 42.85 million private placement warrants. … The merger takes off and by redemption date after merger, the common stock has risen to $20. Cisco / Eng. Warrants provide the owner the right (but not the obligation) to purchase one share of the underlying company at a predetermined price per warrant – typically at $11.50. But it’s also insanely volatile! Cciv+ is up 709% over the past 12 months. A middle term one will expire within 5-8 months, and long term one will expire after 9 months. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Hey Seeking Alpha, we are not a subreddit of WSB (wtf are you thinking? Feb 19 0 1. Covered warrant is a security that offers the right, but not obligation, to buy or sell an asset at a specified price on or before a specified date. We drink only the finest MD 20/20; not the swill they drink over there. The great thing about this one is puts at any strike pay. Feb 19 1. That’s fricked up. Welcome to the Daily Discussion! Hey Seeking Alpha, we are not a subreddit of WSB (wtf are you thinking? Find the latest Churchill Capital Corp IV (CCIV) stock quote, history, news and other vital information to help you with your stock trading and investing. You’ll be able to get more warrants now, which will eventually be exercised into a share for $11.50. CCIV one of Reddit-driven retail stocks for 2021. Warrants issuers adjust implied volatility based on OTC options, hedging cost, etc. Press question mark to learn the rest of the keyboard shortcuts. They can do that crap, but we can’t talk on SM about stocks. Place to discuss CCIV and potential acquisition target Lucid motors. As with Tesla Inc., this one also involves an electric-vehicle company. So something interesting i read about.. in this article about Romeo Power. Relax2020 $70 at least. One way to short a stock is to buy put options. Why are warrants so cheaply priced? I had a stop loss set at $11.50, and it executed but looking at the charts I don't see where it dropped nearly that far. Created May 20, 2020. if you buy CCIV, you are getting 1 share. how far did warrants drop on 02/19? How much can you make buying warrants as apposed to regular stock? All in here. A warrant is a long-term security, issued by a company, which provides the holder with the right to buy a fixed number of company’s ordinary shares at a fixed price during a specified period of time. Churchill Capital Corp IV (NYSE: CCIV) was trading at over 10% pre-market on Monday morning to close the trading session at $25.20. What ever happened to the GME like pump for CCIV? Find the latest Pershing Square Tontine Holding (PSTH) stock discussion in Yahoo Finance's forum. The rise continued into the evening adding another 10% to its price. I just yolod all my td ameritrade account into cciv so I have 1964 shares and 1690 warrants. Also, if CCIV calls in the warrant I pay $11.50 per share? Most probably they will be called for redemption at that time you pay $11.50 per warrant and get commons. I can’t see how they could become separated since they are for the same thing right now. I'm probably not reading the S-1 properly but it says, to stand out from similar companies, they offer 1/5 of a warrant for each security owned. Replies (1) 0 0. there is a different ticker for the unit and the shares. Updated 12th October 2020. For CCIV, a warrant allows one to exercise 1 share of CCIV and an exercised call allows one to buy 100 shares of CCIV. Want to comment? Place to discuss CCIV and potential acquisition target Lucid motors. While most civil warrants do not result in an arrest warrant, a judge can issue a bench warrant for a civil case. ), Press J to jump to the feed. ... Warrants and the best DD on Reddit. 164k. I may be wrong, but you can exercise the warrants into shares for 11.50 each once merger is complete...also I believe each share comes with 1/5 of a warrant so if you have 2000 shares you technically also have 400 warrants which can be exercised at that time as well. Also thank you that page is very helpful. Capt ST Army Fan Middle of the Mall Member since Aug 2011 10233 posts. Google pot OP. Feb 18 1 2. Some questions I have are how is it different than a normal stock, I’ve seen them being compared to options contracts but I can buy an share of the warrant ticker CCIV/WS for 35 dollars which is much cheaper than an option. comments. Relax2020 Go get HOL, FTOC, & BTAQ too. Carv Warranty Policy. Churchill Capital Corp IV will list its units, each made up of one share of class A common stock and one-fifth of one redeemable warrant, on the New York Stock Exchange under the symbol “CCIV.U”. One way to short a stock is to buy put options. Warrants are usually issued in conjunction with a bond or a preferred stock. As someone else in the thread pointed out succinctly, that was caused by option sellers dehedging otm calls and probably big players also shaking stop losses. With the recent exception of Reddit stocks like GameStop ... as well as their warrants. But there are also 41.4 million public warrants exercisable at $11.50 per share. Another question I have is about the dip on Friday when it dropped to 10.50 and then back up to 35 within minutes. Cciv+ is up 709% over the past 12 months. Bloomberg reported talks last month, and since then the market value of CCIV, which consists of $2.1 billion in cash, has ballooned to $9.1 billion amid much discussion on Reddit. "Each whole warrant entitles the registered holder to purchase one share of our Class A common stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing on the later of 12 months from the closing of this offering and 30 days after the completion of our initial business combination. Warrants and call options are both types of securities contracts. Social media platforms like Twitter and Reddit have helped add fuel to this fire much like what we saw recently with GameStop. Made a tidy profit on the 3/19 and 4/16 $20s and now in the $15 3/19s and even some $10 … Option A: All Warrants – You buy $2000 worth of 1:1 conversion ratio warrants at $2 (1000 warrants) with a strike price of $11.50. CCIV has gone from $10 to $20, and is now hovering around $18. I'm starting to think there is manipulation with all these SAPCs fishy as hell. Looking through the SEC filing trying to get a grasp on the warrants. In a civil case, this usually occurs when a defendant or witness fails to appear after being issued a subpoena. Members. Google pot OP. This means that, following my trade, warrants increased by 19% and commons increased by 25%. Michael Klein Hits the SPAC Jackpot With Reddit-Adored Lucid ... filingshows the Churchill IV sponsor owns 51.75 million shares and 42.85 million private placement warrants. These rules include a 60% weighting to … A high-level overview of Churchill Capital Corp IV - Warrants (CCIV.WS) stock. Churchill Capital Corp IV (CCIV) 02/14/2021 01:59:33 PM: If I buy warrants now I can convert: Churchill Capital Corp IV (CCIV) 02/14/2021 12:14:53 PM: Would you please explain me . Lucid management saw the crazy stock run up and asked for more money in the deal which makes sense actually. PSTH+ $11.65 (with exercise price $23, totaling $34.65) PSTH warrants are priced at a 14.54% premium to the underlying stock. facebook twitter reddit hacker news link. CCIV warrants!!! Just for comparison, PSTH prices are these: PSTH $29.61. Please use this thread for basic questions and leave the main sub for breaking news and DD. Got a question on something I’m confused on, so for instance DM and RMO recently announced redemption of public warrants at a price of $0.01, and they give you a deadline, does that mean that when announced you have to exercise your warrants or else by the end date the company will automatically at a price of $0.01 per warrant? twitter . So if: Churchill Capital Corp IV (CCIV) 02/14/2021 12:12:45 PM: What is the strike price for the warrant: Churchill Capital Corp IV (CCIV) 02/14/2021 10:06:04 AM That’s 325% return on your initial investment! CCIV Stock & Lucid Motors Update & How I Bought Warrants First Time Ever February 4, 2021 No Comments It would be an understatement to say that CCIV stock hasn’t consumed my investment life in the past weeks Some say that investing shouldn’t be fun and exciting, but I just can’t help it. Cciv) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on benzinga. Churchill Capital IV (NYSE:CCIV) gained 4.1% after CNBC's David Faber said he heard some similar speculation to Reuters story yesterday that a Lucid Motors deal may be … Thank you to anyone who replies. Thanks for that info! Some warrants are issued because the police believe they have evidence of a crime, but more warrants are issued for civil (non-criminal) matters. $30.22 (Just a regular share) $13.20 + $11.50 = $24.70 (Simply the warrant + strike price) Do I understand that correctly? We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Related to civil warrants are civil bench warrants, which are issued for failure to comply with a court order in civil court cases, according to National Lawyer Search.