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15
Tender offer for DWAC
posted 2 years ago by LucilleBrawl 2 years ago by LucilleBrawl +15 / -0

Is this to get us to second guess HODL? I never got an email about the extension, unless this is it and I am not understanding. Is a "tender offer" where they want us to cash in and sink it?

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▲ 5 ▼
– brain_dead 5 points 2 years ago +5 / -0

Remember Elon Musk and Twitter? Tender offer meaning someone wants to buy it.

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▲ 4 ▼
– LucilleBrawl [S] 4 points 2 years ago +4 / -0

Oh.

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– deleted 2 points 2 years ago +2 / -0
▲ 1 ▼
– brain_dead 1 point 2 years ago +1 / -0

Yes.

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▲ 2 ▼
– Vertigo 2 points 2 years ago +2 / -0

The tender offer is a standard practice for SPACs. Think of it as more a consolation prize rather than a, "Are you sure?"

Anyone who is actually going to vote no or not vote at all (since that counts as a no) would be inclined to sell anyway, so its really just a formality if you ask me. Im still HODLing.

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