Cellebrite DI (CLBT) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Cellebrite DI Ltd. has announced the redemption of all outstanding public and private placement warrants, with the process concluding on September 16, 2024, at a price of $0.10 per warrant. Warrant holders have the option to exercise their warrants for cash at $11.50 per share or opt for a ‘cashless basis’ exercise before the deadline. The redemption follows specified conditions, including share price thresholds, as outlined in the company’s agreement.
For further insights into CLBT stock, check out TipRanks’ Stock Analysis page.