Idol 9: Michael Lynche
| Symbol: | AI9MLY |
| Status: | Inactive |
| Delist Date: | May 13, 2010 |
Description
Idol Warrants are issued for the final 12 contestants on the Fox reality show American Idol. Each Idol Warrant is offered at the initial price of H$12.00. The Warrants will halt trading at 4 p.m. Pacific the day a results show airs, and resume trading the next morning at 10 a.m. Pacific for those contestants not eliminated from the show. The cash out price will be based on the order in which the contestants are voted off the show. The first contestant from the final 12 eliminated will cash out at H$2.00, the second at H$4.00, the third at H$6.00, and so on upward at H$2.00 increments, until the winner is cashed out at H$24.00.
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