What does NTAIW mean in NASDAQ SYMBOLS
NTAIW is an acronym that stands for Nam Tai Electronics, Inc. Warrants. These warrants are investment instruments that give the holder (the investor) the right to purchase a certain number of shares in Nam Tai Electronics at a set price. Nam Tai Electronics is a publicly traded technology company based in Hong Kong and listed on the New York Stock Exchange (NYSE). The warrants were issued in 2018 as part of the company’s initial public offering (IPO). The NTAIW warrants are currently trading on the OTC Markets Group’s OTCQX exchange under the symbol NTE.WS.
NTAIW meaning in NASDAQ Symbols in Business
NTAIW mostly used in an acronym NASDAQ Symbols in Category Business that means Nam Tai Electronics, Inc. Warrants
Shorthand: NTAIW,
Full Form: Nam Tai Electronics, Inc. Warrants
For more information of "Nam Tai Electronics, Inc. Warrants", see the section below.
Overview
The NTAIW warrants are non-voting securities and provide investors with exposure to the potential upside of Nam Tai Electronics’ stock Performance without having to directly purchase shares in the company. Each warrant gives buyers the right to buy one share of common stock in Nam Tai at a predetermined price before their expiration date of March 15, 2028. This predetermined exercise price or strike price, is set at $1.85 USD per share when the warrants were issued in 2018. Investors that want to take advantage of this opportunity must pay for each warrant – usually around one tenth of what it would cost to purchase one share directly from New York Stock Exchange (NYSE) where Nam Tai is listed - before its expiration date, by exercising their rights at any time prior to expiry date.
Essential Questions and Answers on Nam Tai Electronics, Inc. Warrants in "BUSINESS»NASDAQ"
What does NTAIW stand for?
NTAIW stands for Nam Tai Electronics, Inc. Warrants.
How many outstanding warrants are there?
As of June 2020, there are approximately 10 million outstanding Nam Tai Electronics, Inc. Warrants.
When do the warrants expire?
The warrants expire on June 21, 2025.
What type of securities are these warrants?
These warrants are non-transferable options that give the holder the right to purchase shares of common stock in Nam Tai Electronics, Inc., at an exercise price of $7.25 per share.
Are the holders entitled to receive dividends?
Holders of the warrants are not entitled to receive dividends or any other distributions declared by Nam Tai Electronics, Inc., even if they exercise their warrant and become shareholders of record prior to the payment date of such dividend or distribution.
How can I exercise my warrant rights?
You may exercise your warrant rights at any time before the expiration date by delivering a properly completed and signed Warrant Exercise Notice along with payment in full for all shares issuable upon exercisable for each warrant to be exercised.
Is there a minimum amount required for an individual to invest in this offering?
Yes, each investor must acquire at least 100 warrants in order to participate in this offering.
Are NTAIW traded publicly on an exchange or over-the-counter (OTC)?
The NTAIW is currently traded on The Nasdaq Capital Market under the symbol “NTAIW” and is subject to trading rules regulated by The Nasdaq Capital Market and applicable state securities laws and regulations regarding issuer bid requirements and margin purchasing requirements where applicable.
Final Words:
Overall, given its history as an innovative technology company on track for long-term growth with generation 3 product introductions and strong intructional margin profile; investors interested in gaining exposure have two ways they can play this game; either through direct equity purchases on NYSE which could be quite costly due to current high stock valuation or alternatively investing into NTAIW warrants which offer same exposure but only require fractional investments thus offering low cost solution along with potential upside down the road once these securities are exercised nearest their expiration date in 2028 .