I was reading earlier there was a vote that went out to extend the acquisition date for another year. SEC was still investigating (fucking with), and they wanted to extend the time frame for another year. Do you see anything in the forms for that option? They may be trying to get you to sell when that would be the worst option.
They want me to sell at $10.01 which I am not gonna do. I will hold on to these. If Trump has anything to do with this, it will turn to gold and I have an illness and could use the Money to help with a naturopathic route ai am taking.
They are probably using stock to do an acquisition/deal.. That deal may require more shares than they have in treasury stock. Instead of issuing new shares (which will dilute the outstanding shares) they are buying back shares to fund the deal (which is good for shareholders) it also suggests that the counterparty in the deal believes that the shares of stock are more valuable than dollars. Not a surpising position given the way that the fed is printing money to keep up with the way that Congress is soending.
Correct,you also don't have the guarantee of the issue price if the deal,doesn't go thru. But you can buy the warrent now for 6 pluse 10.50 or so and have a share for 16.50
My understanding is if you want to cash out your CFVI they are offering the 10.01 to do so and your have to call in by dead line. If you want your shares of CFVI to convert to RUM (rumble) they will.
If you have cfvi common shares you get to vote for it, if you have warrants (cfviw) you can't vote, but have the option to buy in.
Not a stock fag but my interpretation of what I've read.
Nope, thank you, I appreciate your input and that is how I am understanding it. My cousin says I should sell it but he doesn't know what we know and I am holding onto it. I do not have a lot by any means but a little is better than none.
I do not have a lot invested. Someone is telling me to sell and buy 2 shares of Amazon, um hell no to that.
I was reading earlier there was a vote that went out to extend the acquisition date for another year. SEC was still investigating (fucking with), and they wanted to extend the time frame for another year. Do you see anything in the forms for that option? They may be trying to get you to sell when that would be the worst option.
They want me to sell at $10.01 which I am not gonna do. I will hold on to these. If Trump has anything to do with this, it will turn to gold and I have an illness and could use the Money to help with a naturopathic route ai am taking.
They are probably using stock to do an acquisition/deal.. That deal may require more shares than they have in treasury stock. Instead of issuing new shares (which will dilute the outstanding shares) they are buying back shares to fund the deal (which is good for shareholders) it also suggests that the counterparty in the deal believes that the shares of stock are more valuable than dollars. Not a surpising position given the way that the fed is printing money to keep up with the way that Congress is soending.
I just saw that Rumble announced that they are working on a deal with CFVI
Is that merging with truth social?
If so you don't have to do anything I belive,their should be more pages with the details.
CFVI is the SPAC merging (creating) Rumble (RUM). DWAC is the SPAC merging with TGMT (Trump/Truth Social)
SPAC = Special Aquisition fund,.
Got you,I went with DWACW no more funds to by stonks.
My understanding of warrants, you have option to buy in, but have no voting say.
Correct,you also don't have the guarantee of the issue price if the deal,doesn't go thru. But you can buy the warrent now for 6 pluse 10.50 or so and have a share for 16.50
No this is different. Offer to repurchase at $10.01
I got the same alert today,
My understanding is if you want to cash out your CFVI they are offering the 10.01 to do so and your have to call in by dead line. If you want your shares of CFVI to convert to RUM (rumble) they will.
If you have cfvi common shares you get to vote for it, if you have warrants (cfviw) you can't vote, but have the option to buy in.
Not a stock fag but my interpretation of what I've read.
Nope, thank you, I appreciate your input and that is how I am understanding it. My cousin says I should sell it but he doesn't know what we know and I am holding onto it. I do not have a lot by any means but a little is better than none.
Try reading the offer details listed under my corporate actions
mdtoo but they say Sept so I am chill