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Friday, March 12, 2010

Equity Trader Alert #2010 - 17
NASDAQ to Begin Listing Texas Capital Bancshares, Inc. Warrants on Friday, March 12, 2010

Markets Impacted:

  • The NASDAQ Stock Market

Contact Information:

  • On Friday, March 12, 2010, The NASDAQ Stock Market® will begin listing and trading warrants exercisable for one share of common stock of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) under the symbol TCBIW.
  • The exercise price cannot be paid in cash and is payable only by netting out a number of shares of TCBI common stock issuable upon exercise of the warrants equal to the value of the aggregate exercise price of the warrants.

What is listing?

Effective Friday, March 12, 2010, The NASDAQ Stock Market (NASDAQ®) will begin listing and trading warrants exercisable for one share of common stock of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) under the symbol TCBIW.

For more information, refer to the TCBIW Listing Notice on the NASDAQ OMX Trader® website.

How is the exercise price paid for these warrants?

The exercise price cannot be paid in cash and is payable only by netting out a number of shares of TCBI common stock issuable upon exercise of the warrants equal to the value of the aggregate exercise price of the warrants.

Where can I find additional information?

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