Got this again from Etrade today.
Please be advised that the offer has been extended. Re: UTS Digital World Acquisition Corp Cusip: 25400Q204 Cutoff Date: 10/04/22 Participation is voluntary. If you do not wish to participate then no further action is required. If you wish to participate, contact E*TRADE at 1-800-387-2331.
PLEASE NOTE: Only the common holders (CUSIP 25400Q105) have redemption rights. The approximate price per share redeeming holders will receive for their common stock is $10.20 per share.
Additionally, your instruction must include a statement that shareholder is or is not acting in concert or as a group with any other stockholder with respect to shares of common stock.
UNIT HOLDERS: Unit must be split in order for the common to be redeemed for cash. Unit split: 1 Unit = 1 share of common stock (CUSIP 25400Q105), and one-half (1/2) of a warrant (CUSIP 25400Q113).
Opt 01: Split the unit & redeem common shares into cash.
This same sort of offer was made for CFVIU before CFVI changed to RUM.
Then why is Vanguard not doing it? So far we're only hearing about Etrade and Fidelity.
May come later today or this week.
If not, I see that more as a strike against Vanguard than Fidelity and Etrade. They have a duty to inform you of what your options are.
Vanguard didn't for Rumble either.
SoFi sent me an email about this too.