The $DWAC (Trump’s new company) News will Keep Coming. Invest, Win, and Support the Destruction of the MSM and Old Guard.
(media.communities.win)
BREAKING NEWS
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DWACW is also heavily undervalued, if I understand it correctly it gives you the right to buy DWAC at the price you buy DWACW at +$11. The only drawback is you can’t exercise it until Sept 2022, so expect to use it as a long term investment.
DWACW is trading at $26 right now, so essentially you get to buy DWAC at a price basis of $37 in the future. Absolute steal
Agreed - it’s $11.50 rather than $11 but your point is nonetheless true.
so 11.5 ....hmmmm interesting.
If I understood correctly I believe it’s two warrants equals one share. Sorry no sauce, read it from some other pede who found the sauce on some other dwac thread. So two shares of dwacw = 1 dwac. In your scenario it would be $26*2 +11.5. Still cheaper but it as cheap. And we don’t get the money back if merger falls by the wayside.
How do you execute the warrant when time comes?
A previous Pede from last week said 1 for 1 on warrants. DWACU is class A stock, and also includes 1/2 warrant per share
Thats confusing the Unit split. Redeemable Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 https://www.sec.gov/Archives/edgar/data/0001849635/000110465921128231/tm2130724d1_8k.htm
I was making big money on spac warrants until they all crash(see PTSH). Warrants defiantly the way to go on these spacs especially if you think they trade over $10 after merge
11.50 I think it is