HODL the line !!
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From the 8K filing on 9/27: "No fractional warrants will be issued upon separation of the units and only whole warrants will trade."
So 2 DWACU = 2 DWAC + 1 DWACW, but 1 DWACU = 1 DWAC. Along with that 1 DWACW + $11.50 = 1 DWAC.
Thanks, I finally figured that out.
Any idea why DWACW's are trading so low then? (Compared to DWAC)
If I had to guess, trading frenzy in the short term along with the DWAC ticker being dropped in the announcement, but not DWACW. If you're inclined for long term HODL, DWACW seems like a steal.
What do you mean the DWAC symbol being dropped?