Warrant sale

Imagine you have a big pile of candy that you really like, but you're not allowed to eat all of it at once. Your mom tells you that you can only have a few pieces of candy each day. But what if you really want more candy right now?

This is where a warrant sale comes in. A warrant is like a special coupon that lets you buy more of something at a certain price in the future. It's kind of like a promise to sell you more candy later, but only if you use the special coupon.

So let's say your mom decides to have a warrant sale. She tells all your friends that if they give her some money now, they can get a warrant that lets them buy a lot more candy from your pile later on.

Your friends think this is a great idea, because they want more candy just like you. And they know that in the future, when they want a lot of candy, they can use the warrant to get it for a good price.

So your mom collects a bunch of money from your friends in exchange for these special coupons. This is called a warrant sale. Later on, when your friends come back to buy more candy from your pile, they can use their warrants to get a better deal than if they just bought it normally.

That's kind of like how a warrant sale works in grown-up world, but instead of candy it can be for stocks or other investments.