7 DWACW I picked this up over on Reddit. Not quite sure what it is saying about DWACW and the conversation to shares. Anybody understand what it means when it says only a whole warrant may be exercised. unless you purchase at least two units you will not be able to receive a whole warrant (media.greatawakening.win) posted 2 years ago by Greatheart 2 years ago by Greatheart +7 / -0 8 comments download share 8 comments share download save hide report block hide replies
Minimum purchase. Not 2 to 1 conversion.
That's a statement for DWACU ("unit"), which is one share plus one half a warrant.
Thanks
I am assuming One warrant plus $11.50 for one share. The legalize is a little confusing here. How do you separate the units?
There is dwac= 1class a stock dwacw=one class a stock after exercising & paying 11.50 & dwacu= one class a stock and 1/2 of a warrant.
Meaning you would need two DWACU to exercise a full warrant because 1/2 +1/2=1