WLLAW.US Warrant Subscription

CHORD ENERGY CORPORATION WT A EXP 090124 (WLLAW.US) has offered an exercise of its outstanding public warrants (WLLAW.US).

The terms of the offer are as follows:

Option (1): Take no action [Default option]

Option (2): Submit Warrants for CASH Exercise: 1 warrant to purchase 0.5774 share of Chord Energy Corp. at an exercise price of USD 116.37 per share. Holders must exercise two warrants to acquire 1 whole share. Fractions will be paid in Cash in lieu.
(The election will be subject to best efforts processing.)

Option (3): Submit Warrants for CASHLESS Exercise: Receive shares of common stock based on below formula.

X = (Y (A-B)) / A

X = the number of shares of Common Stock to be issued to the Holder in respect of the Warrants being exercised

Y = the number of shares of Common Stock into which the Warrants being exercised by the Holder are exercisable (on the Exercise Date)

A = the Current Market Price of one share of Common Stock (on the Exercise Date)

B = the applicable Exercise Price (as adjusted through and including the Exercise Date)

If the foregoing calculation results in a negative number, then no Common Stock shall be issued.

The deadline to tender shares to the offer will be 26/08/2024@ 16:00 (HONG KONG TIME GMT+8).

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: WLLAW.US
4. Options: (1) or (2) or (3)
5. Number of shares participating in corporate actions:

Note to applicants:
1. For shareholders holding less than 1 stock warrants of WLLAW.US, they cannot participate in related corporate actions.
2. Option (1) is the default option. We will help clients to choose option (1) if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.

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