Can I be responsible for warrants if I short stock?

[jayr95241]

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.

 

[Girija]

You are responsible for all corp actions involving distributions. Rights,warrants,spinoff,div and any other split distribution as well.

 

[TimMykes]

kind of rare to offering fresh warrants

what symbol

 

[elite1974]

Yes.

For example, it happened to with EXPE in 2003.

 

[jayr95241]

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?

 

[Girija]

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?

Board decides who and why on warrants.