Thoughts on best way to finance the exercise of warrants if you don't have a cashless exercise. For example, you have Series A pref warrants that are in the money at exit, but you don't have a cashless exercise option. So you have to come up with $100K to exercise the warrants to profit $1.0MM at the exit. If you don't have the initial $100K in cash available at the time, how to best finance the conversion? Any thoughts appreciated. Thank you.
Accepted Answer
Jul 24, 2023
It may be possible for you to get a loan for this matter. There are providers that have portfolio lines of credit products that may work in this situation.