I think you can't exercise the warrants until after the merger is complete. Not sure about that. Need to dig. I've been too busy.
Regardless, I do not think the stock price has capped. Once the merger happens, if the platform is even just decent the stock price is going to go way up.
Even Truthsocial’s icon replaces Facebook’s. They have high aspirations, and I see Trump achieving everything he wants. He wrote the Art of the Comeback.
Pretty sure you have to wait until after the merger happens, and a secondary offering happens- which is typically 50ish days after the merger. I’m not an advisor, just saying I did quick read. You then have the option of buying the real shares for $11.50 (on top of what you bought the DWACW for.)
So as long as you think the new company is going to be worth more than your DWACW cost + 11.50, you’re set.
I think you can't exercise the warrants until after the merger is complete. Not sure about that. Need to dig. I've been too busy.
Regardless, I do not think the stock price has capped. Once the merger happens, if the platform is even just decent the stock price is going to go way up.
Even Truthsocial’s icon replaces Facebook’s. They have high aspirations, and I see Trump achieving everything he wants. He wrote the Art of the Comeback.
Am hodling until truth social has been released.
For a complete newbie can you explain what warrants are? How do you purchase? What company/app do you use? (Am not in US)
How do you execute dwac warrants?
Pretty sure you have to wait until after the merger happens, and a secondary offering happens- which is typically 50ish days after the merger. I’m not an advisor, just saying I did quick read. You then have the option of buying the real shares for $11.50 (on top of what you bought the DWACW for.) So as long as you think the new company is going to be worth more than your DWACW cost + 11.50, you’re set.
Thanks