I just had what looks like some type of warrant or rights offering deposited into my account today that I was certainly not expecting.
Fidelity describes it as:
159RGT018
CHANTICLEER HOLDINGS INC RTS EXP 06/24/2019
19,932
CHANTICLEER HOLDINGS INC
This
press release seems to describe what they are, but I haven't owned Chanticleer in years and I the only warrants I held expired worthless in 2016. I haven't even looked at this company in a long time. I wonder why I got almost 20K of these? They are priced at $1 which is what the stock is trading at, so I don't see any advantage to exercising them. Weird.