08:53 AM EDT, 08/30/2024 (MT Newswires) -- Cellebrite DI ( CLBT ) said Friday that its information agent, D.F. King, and warrant agent, Equiniti, have notified registered holders of its outstanding warrants that the redemption fair market value is $16.72 and warrant holders who exercise their warrants will receive 0.342 ordinary shares per warrant.

The company previously said it would redeem all of its outstanding warrants on Sept. 16.

Before the redemption date, warrant holders can exercise their warrants for cash at a price of $11.50 per ordinary share or surrender them for 0.342 shares per warrant.

The company's shares were up more than 1.5% in recent Friday premarket activity.

Price: 17.22, Change: +0.26, Percent Change: +1.53