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458
Elon Musk bought Twitter because they suspended his favorite satire website (media.communities.win) Musk Curse
posted 2 years ago by spaceforceltc 2 years ago by spaceforceltc +458 / -0
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– KickingPugilist 6 points 2 years ago +6 / -0

Dwac warrants are still dirt cheap and will convert to a share of Trump Media when they merge for a $11.50 fee per contract at the time.

You will be on the line for the tax burden of the price difference if you exercise the warrants, though, but still worth looking into.

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– Feelsgoodman 2 points 2 years ago +2 / -0

Might you be so kind to ELI5 how to do that when they merge? I'm on ETrade🐸

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– Furecrotch 3 points 2 years ago +3 / -0

Iirc, warrants expire sept(might be wrong on that) but when they come to a close your broker will send out the relevant info to convert them. Think it was like another $12 to convert each share.

E: $11.50, not $12

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– Feelsgoodman 1 point 2 years ago +1 / -0

Thank you! So Etrade will send out a notice?

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– Furecrotch 2 points 2 years ago +2 / -0

Yes. All brokers have to do it at the request of dwac.

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