C.A.Bancorp has announced:
a change to the exercise price of the warrants being offered under a preliminary prospectus dated July 21, 2008.
…
Each Warrant will entitle the holder to purchase one Preferred Share at a subscription price of $23.75 at any time on or before 4:00 p.m. (Toronto time) on September 30, 2011. Previously, as filed in the preliminary prospectus, the subscription price was set at $24.50. The revised subscription price will be changed to $23.75 upon filing of the final prospectus.
The offering has been previously noted on PrefBlog. It would appear that they’re having a little difficulty selling it!