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Skydance Corporation shares fall following warrant allocation

The Wall Street Journal +1 ·

SKYD
SKYD Skydance Corp
$7.06 -23.84%
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  1. 1Skydance Corporation Class B shares fell to $6.79 on Wednesday.
  2. 2Skydance issued 470,746,773 warrants with a 10-year maturity.
  3. 3The warrant exercise price was set at $12.

So what's the key point?

Skydance Corporation Class B shares fell to $6.79 on Wednesday.

Source The Wall Street Journal +1 · View original ↗

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