DWAC had it's HIGHEST closing price ever yesterday. Today may quietly break that record AGAIN!
LET'S GOOoOo
TRUTH SOCIAL is slowly and methodically rolling out. Almost as if under the radar with all the things going on in the world. But on a big down day in the markets yesterday, DWAC closed at a NEW all time high closing price. Sure it hit 175 mid-day on 10/22/21. But the closing price on 10/22/21 was 94.20. Yesterday's close was 95.10. Today may even be higher?!?!?!????? HOLD THE LINE!!!
Search "SPAC warrants" for a lot of info about warrants in general. They are all very similar. I think there are some good videos on youtube about DWAC warrants as well.
How / When do you exercise warrants? Do you just call your broker? Can it be done online? I thought the time limit was a month after the merger happened.
Time limit to exercise is 5 years. The exercise happens either 30 days after merger or 1 year after announcement (whichever is later). That is why I believe people have said around Sept 2022. You do not have to immediately exercise your warrant (you have 5 years). But when you want to exercise it, contact your broker on how to do it and they will guide you.
Not taxable if held in an IRA.
Let’s say you don’t have 11,500 dollars. Can you sell them?