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.
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