Assertion: common stock's holder | /r/HasAspect | the choice
Facets:
value: between two payoffs
type: OTHER
Source sentences:
text: Holders of participating preferred stock have the choice between two payoffs: a liquidation preference or an optional conversion.
text: Holders of stock warrants have the option to purchase a specific number of shares of common stock at a predetermined price (exercise price) by the warrant’s expiration date.