Cellebrite DI (CLBT) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Cellebrite DI Ltd., a key player in digital investigative solutions, has announced the redemption of their outstanding warrants, setting the ‘Redemption Fair Market Value’ at $16.72, which determines the number of shares warrant holders will receive if they choose a ‘cashless basis’ exercise. Warrant holders must decide to exercise for cash or surrender their warrants by September 16, 2024. Unexercised warrants post-deadline will be void with holders receiving only a nominal redemption price, and the company has secured a tax ruling to benefit ‘Qualified Holders’ exercising warrants.
For further insights into CLBT stock, check out TipRanks’ Stock Analysis page.
