Hey everyone, In the past, there was a rights offering on a stock that I was short. I ended up being short the rights as well as the stock. If I am short a stock offering warrants, will I be responsible for any warrants? Any insight would be appreciated.
You are responsible for all corp actions involving distributions. Rights,warrants,spinoff,div and any other split distribution as well.
Thank you, when I look up corporate actions, warrants do not show up...Maybe because warrants are issued to new shareholders instead of existing ones?