Each warrant (DWACW) entitles you to be able to purchase a share for $11.50 after the merger (DWAC to TMTG)
Currently DWACW is $28, and if you pay another $11.50 later, then it comes to $39.50 which is a lot better deal than buying a share now, which is currently $85.
There's some risk in buying warrants because the merger isn't 100% certain (though we kinda know it is) and there's the income tax penalty. I still recommend speaking to a tax professional who understands laws around income from foreign investment.
If you want to buy both, DWACU is a share bundled with half a warrant. It's $99 right now.
Each warrant (DWACW) entitles you to be able to purchase a share for $11.50 after the merger (DWAC to TMTG)
Currently DWACW is $28, and if you pay another $11.50 later, then it comes to $39.50 which is a lot better deal than buying a share now, which is currently $85.
so basically there is no reason to buy DWAC and everyone should be buying DWACW
There's some risk in buying warrants because the merger isn't 100% certain (though we kinda know it is) and there's the income tax penalty. I still recommend speaking to a tax professional who understands laws around income from foreign investment.
If you want to buy both, DWACU is a share bundled with half a warrant. It's $99 right now.