Dwac s4 filed! Link in comments
(media.greatawakening.win)
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Both. I have been buying more W's as of late.
Less liability with W's I would imagine.
The shares are $18, if the stock is $100 at the time of merger, I can sell a bag to make enough to purchase and hold the rest.
At conversion don't you have to pay $10 extra per share of DWACW? I should check Fidelity.
With DWACW you have the option to buy a share of DWAC. At conversion you have to pay $11.50 per share, but DWAC is about $44 and DWACW is about $13. So it is like paying $13 for an option to buy a DWAC stock for $11.50 at some time in the next few years. So at today's prices, you have about a $20 cushion. DWACW is safer, you risk less money, with a pretty good upside.
This is my understanding, anyway, without having read the document. It is possible that the document could change some of the parameters. Caveat Emptor
I bought mine through Fidelity and I do not recall seeing that kind of up charge. I could be wrong. Let me know what you find out.