Description

Warrants are a derivative that give the right, but not the obligation, to buy or sell a security—most commonly an equity—at a certain price before expiration.

The price at which the underlying security can be bought or sold is referred to as the exercise price or strike price.

Stock option and stock warrant may have similar function. However, company uses these two financial instruments for different purposes.

There are about 9000 warrants in Vikingen. Here is an example: