Warrants vs Convertible Bonds Warrants Warrants are financial assets giving the holder the right but not obligation to buy shares of common stocks directly from the issuing authority at a fixed price for a given period of time. Each warrant specifies the number of shares of common stock a holder can purchase at the exercise price at the expiration date. Some features of … [Read more...] about Warrants vs Convertible Bonds – Meaning & Differences