What is up with the DWAC redemption offer?? - The Great Awakening

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What is up with the DWAC redemption offer??

posted 1 year ago by enough_of_the_racism 1 year ago by enough_of_the_racism +24 / -0

I got an offer to redeem my DWAC shares and get about $10.24 per share for them. The price today is $13.36 and $10.24 is lower than it has ever been since the first few minutes on the IPO day. So what is their goal? Why would anyone take this deal?

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– Greatheart 2 points 1 year ago +2 / -0

The brokers have to let you know. Nobody is expecting you to do anything but it's got to be the investors choice. What would happen to the broker if the stock price dropped to $7 and someone sued the broker for not informing them of a corporate action?

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