Dakota Gold (DC) $2.08 warrants to expire and be delisted from NYSE American
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Dakota Gold Corp. announced that its publicly traded warrants, each exercisable for one share of common stock at an exercise price of $2.08, will expire on March 15, 2026 pursuant to their original terms. Trading in the warrants under the symbol “DC.WS” on the NYSE American will cease before the markets open on or about March 13, 2026 to allow for timely settlement of any exercises before expiration.
The NYSE American has confirmed it intends to file Form 25 to delist and deregister the warrants under Section 12(b) of the Exchange Act. Dakota Gold’s common stock will continue to trade on the NYSE American under the symbol “DC”.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Dakota Gold Corp. (DC) announce about its warrants?
Dakota Gold Corp. announced that its publicly traded warrants will expire on March 15, 2026. Each warrant is exercisable for one common share at a $2.08 exercise price, under the original warrant terms.
When will Dakota Gold’s DC.WS warrants stop trading on NYSE American?
Trading in Dakota Gold’s DC.WS warrants will cease before markets open on or about March 13, 2026. This timing is intended to allow settlement of any warrants exercised before their March 15, 2026 expiration date.
What happens to the listing of Dakota Gold Corp. warrants after expiration?
After the warrants expire on March 15, 2026, NYSE American intends to file Form 25 to delist them. This filing will also deregister the warrants under Section 12(b) of the Securities Exchange Act of 1934.
Will Dakota Gold Corp. common stock continue trading after warrant delisting?
Yes, Dakota Gold Corp.’s common stock will continue trading on NYSE American under the symbol DC. Only the warrants trading as DC.WS are affected by expiration, delisting, and deregistration under the announced plan.
What are the key terms of Dakota Gold Corp.’s expiring warrants?
Each Dakota Gold warrant is exercisable for one share of common stock at a $2.08 exercise price. These warrants were issued under a Form of Common Stock Purchase Warrant referenced as Exhibit 4.1 in the current report.
Where can investors find the full warrant terms for Dakota Gold (DC)?
Investors can review full warrant terms in the Form of Common Stock Purchase Warrant filed as Exhibit 4.1. It is incorporated by reference from Dakota Gold’s Registration Statement on Form S-1/A filed May 6, 2022.