That's DWACW!!! Legal statement: This is not to be construed as financial advice, blah, blah, blah.......
NOTE: End of day DWAC closing at NEW all time CLOSING high 3rd day in a row. But DWACW is down 5%. This makes no sense?!?! However one explanation I heard is that a BIG short probably tried to hedge by buying warrants and shorting DWAC. Now they are squeezed and buying to cover DWAC and selling DWACW. Whatever the cause - it is a GIFT!!! GLTA!
u/Furecrotch u/cdwill u/SOTUisFUBAR u/master_kek
According to this, DWAC warrants (DWACW) mature in September, which makes sense since that is 12 months after initial warrant offer.
Nevertheless, the price for DWACW right now should be at DWAC - 11.50 (or close to it). The merger has been announced, so its no longer really "speculative". I can see no reason why they are still on sale, except short-sale fuckery.