WTFCW is a ticker symbol for Wintrust Financial Corporation's warrant, which is a type of security that gives the holder the right, but not the obligation, to buy the underlying stock at a predetermined price and before a specified expiration date.
Wintrust Financial Corporation is a financial holding company headquartered in Rosemont, Illinois. The company operates more than 180 community banking branches and provides a range of financial services, including commercial and personal banking, wealth management, and mortgage lending, among others.
WTFCW's warrant gives the holder the right to purchase Wintrust Financial Corporation's common stock at an exercise price of $53.00 per share. The warrant expires on September 22, 2022, at which point it will be worthless if not exercised. The warrant was issued as part of a public offering in September 2017.
|
