DWACW is a warrant, which is like a voucher that can be exercised into an actual share after the DWAC merger. The incentive is that the warrant is cheaper. Right now it's around $27 while DWAC shares are around $84, and the exercise fee is $11 per warrant. So after exercising the warrant, you're paying $38 for an $84 stock. The warrant price moves up and down with the stock price. The catch (in the US at least) is that you'd be paying income tax on the earnings instead of capital gains tax, which is much higher. So if the tax laws in your country aren't favorable, there may not be much incentive.
fuck it im all in on DWAC and GME
I'm going all in on DWAC. I'll reach 100 shares tomorrow, and I bought a two year leap option. After that I'll start buying DWACW warrants.
im new to investing in US stonks. whats the difference between DWAC and DWACW?
DWACW is a warrant, which is like a voucher that can be exercised into an actual share after the DWAC merger. The incentive is that the warrant is cheaper. Right now it's around $27 while DWAC shares are around $84, and the exercise fee is $11 per warrant. So after exercising the warrant, you're paying $38 for an $84 stock. The warrant price moves up and down with the stock price. The catch (in the US at least) is that you'd be paying income tax on the earnings instead of capital gains tax, which is much higher. So if the tax laws in your country aren't favorable, there may not be much incentive.
Everything I read is that it’s only considered income if it was awarded as compensation.
https://www.mbakertaxlaw.com/warrants/