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Webull Corporation (BULL) has announced the redemption of all outstanding incentive warrants (BULLZ) on June 30, 2025. The warrants, which allow holders to purchase Class A ordinary shares at $10.00 per share, will be redeemed for $0.01 per warrant if unexercised by the deadline. This redemption was triggered as Webull's volume weighted average share price exceeded $18.00 for the 30-day trading period ending May 23, 2025.
Warrant holders can exercise their rights before 5:00 PM New York City time on the redemption date to purchase Class A ordinary shares at the $10.00 exercise price. The company has filed a Registration Statement on Form F-1 covering the shares issuable upon warrant exercise.
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