ipo with common stock and warrent. what happens when ipo ends?

Discussion in 'Stocks' started by trexrade, Jul 25, 2015.

  1. trexrade

    trexrade

    OpGen had an ipo with common stock and warrant. and then several days later common stock and warrant began trading separately, under the ticker "OPGN" and "OPGNW".

    I am wondering if I bought the ipo which has common stock and warrant (OPGNU). what happens when the units start trading separately? Do I get common stock as well as the warrant at the same time? For example, if the ipo ticker is OPGNU, when it starts trading separately, will I get OPGN, and OPGNW at my broker?

    hope I stated it clearly.
     
    Last edited: Jul 25, 2015
  2. rmorse

    rmorse Sponsor

    It is my expectation, that if you own 1000 units before the IPO or get it with the IPO, that you will then see on your brokerage statement 1000 OPGN and 1000 OPGNW because the unit will not be listed. AS far as I can see, the is no OPDNU after.