Hertz public warrant exercise price falls to 12.81 after anti-dilution adjustment
HTZ•Warrant terms adjusted after Exchangeable Notes issuance
Hertz Global notified its warrant agent that an anti-dilution adjustment was triggered by the issuance of Exchangeable Notes on June 29.
The public warrant exercise price was cut to $12.81 from $13.61.
Shares per public warrant increased to 1.0772 from 1.0140, effective concurrently with the price change.
