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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The company is asking for an extension vote. You as an investor can say I would rather just get my money back. The value as already been determined to be $10.24. You have to understand that the value has NOTHING to do with the stock price. That is just the value of the company divided by the amount of shares.
Makes sense!