HERTZ IPO S 1 Filing: What Happens to HTZZ Stock And Warrants?


The Hertz IPO will be coming in the 4th quarter according to their S-1 filing. The new Hertz IPO will be listed on the NASDAQ and will use their old symbol HTZ. Hertz will not get any proceeds from this IPO. Only existing shareholders will be selling stock. So how much stock will be sold in this Hertz IPO and will it cause the price to crash? Will the lock-ups that expire on Dec 30th also put selling pressure on HTZ stock?
So what will happen to the stock of current Hertz holders of HTZZ and HTZZW? What will happen to your Hertz options after the IPO and symbol change to HTZ?

Be @financially aware of the financials of any stock or any other investment before you consider investing in it.

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