Convertible bonds traded separately

Hello,

Glad to answer your question!

Analysis:

As the subscribers of each bond have obtained 65,438+0 warrants distributed by the company, the exercise ratio of the warrants is 65,438+0: 65,438+0, that is, there are 50 million warrants, and * * * can subscribe for 50 million shares.

Finally, the question tells us that 70% of the actual exercise, that is to say, 5000×70% of the exercise has subscribed for shares, and others have not exercised, so they will no longer subscribe for shares.

So this 5000×70% is such a source.

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