Breaking, SEC issues subpoenas for DWAC board members - The Great Awakening

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Breaking, SEC issues subpoenas for DWAC board members

posted 2 years ago by Oh_Well_ian 2 years ago by Oh_Well_ian +165 / -0

Stand by for Link..

https://www.streetinsider.com/dr/news.php?id=20257114

Big fucking shocker, subpoenas also issued by Southern District of New York.

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– SOTUisFUBAR 6 points 2 years ago +6 / -0

Crickey, how many fruitless fishing expeditions before they realize their futility?!

Not trying to say Trump is beyond reproach, but so far he keeps coming out on top!

I'm guessing today will be a bad day on the market for DWAC... But on the plus side, it's likely to be a bad period on the market!

Edit: If your broker has it, don't forget DWACW! Currently $7.22 premarket, once merger happens pay an additional $11.50 per DWACW to receive 1 DWAC. Less than $20 a share for DWAC, plus on the off chance it goes south, less loss.

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– BringTheCat789 3 points 2 years ago +3 / -0

Plus on the off chance it goes south, less loss.

Do you not realize that if the merger fails for whatever reason, DWACW's value drops to zero? While DWAC itself will revert to a SPAC with no company, so it will be valued likely around $10?

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▲ 2 ▼

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

Nope, sorry sure didn't know that. First time I've seen that.

"likely around $10?" so it might be, but either way what's the point in holding SPACs w/no company, can it resume at a later date or merge with another company?

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