Trump+ (Television and Media) - Anyone know impacts of this for DWAC?
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (12)
sorted by:
YUGE! BIGLY NEWS! Just hope it is part of the DWAC / TMTG planned merger to get the FUDSTERs attacking DWAC BTFU
Is it just DWAC or are there other letters attached? When I punch it into my search, I get a couple different results
You're probably getting DWAC. DWACW and DWACU. I'll try my best to explain.
DWAC = Share of the SPAC company being used to raise money to launch TMTG. The SPAC sells shares to raise cash and then merges with the new company - sort of like an IPO.
DWACW = A warrant to buy a share of the new company (TMTG) after the merger for the original offering price ($11 if I remember correctly) - sort of like a stock option. They are not redeemable until like 30 days after the merger but youcan buy/sell them like a stock up until the merger happens.
DWACU = A share of the SPAC + a fraction of a warrant (1/3, I believe)
Hope that made sense.
Thank you so much, pede! Great, no bs info. The very reason why I like coming here kek.