No worries my fren. SPAC = Special Acquisition Company. It's a way for a company to begin trading/raising funds through the stock exchange without going through all the red tape. I'm not a financial advisor, and this isn't financial advice, but this one is going to be big. Rumor is that Trump's SPAC (DWAC) will absorb CFVI/Rumble soon. That is why it may be lucrative to purchase CFVI now.
Fren, if you have even a couple hundred bucks you dont mind risking, dont miss out great opportunities in supporting patriotic causes and potentially reaping huge rewards.
Currently it has no value, its like a shell company. However, Rumble will merge with this shell company and when that happens, the CFVI share becomes Rumble's share. The better Rumble does, the higher this share goes and higher your wealth for holding it.
If Rumble never merges with CFVI, you will get back $10 for each share you bought.
The same story with DWAC and Trump's TMTG (Truth Social). If you buy DWAC today, it will become TMTG share when TMTG merges with DWAC.
You will need a brokerage account, like E-Trade, Fidelity or Interactive Brokers (if you are not in US).
What is it?
It's Rumble's SPAC. In other words, it's Rumble's common stock before it is listed as Rumble
Sure wish I understood all that stuff
No worries my fren. SPAC = Special Acquisition Company. It's a way for a company to begin trading/raising funds through the stock exchange without going through all the red tape. I'm not a financial advisor, and this isn't financial advice, but this one is going to be big. Rumor is that Trump's SPAC (DWAC) will absorb CFVI/Rumble soon. That is why it may be lucrative to purchase CFVI now.
Fren, if you have even a couple hundred bucks you dont mind risking, dont miss out great opportunities in supporting patriotic causes and potentially reaping huge rewards.
Not a financial advisor.
CFVI is a share traded like all other shares: https://finance.yahoo.com/quote/CFVI
Currently it has no value, its like a shell company. However, Rumble will merge with this shell company and when that happens, the CFVI share becomes Rumble's share. The better Rumble does, the higher this share goes and higher your wealth for holding it.
If Rumble never merges with CFVI, you will get back $10 for each share you bought.
The same story with DWAC and Trump's TMTG (Truth Social). If you buy DWAC today, it will become TMTG share when TMTG merges with DWAC.
You will need a brokerage account, like E-Trade, Fidelity or Interactive Brokers (if you are not in US).