DWAC merger vote begins soon (likely THIS week) and concludes on March 22,2024! It's the LAST step before becoming new stock market ticker symbol "DJT"
(finance.yahoo.com)
LET'S GOOoOoooo!!!
Those with DWACW need to start to pay attention closely!
I'm setting aside some cash to exercise those beauties, if that's what you mean. 😁
Are we notified as when to exercise?
That's why I found u/greatnipples comment a bit confusing. The warrants as I understand it allow the holder to buy a share at $10 before 2028 or thereabouts. That action isn't available until a deal is consummated, but it's not like you immediately have to do so.
I think it’s $11.25 per share and there will be a time limit to exercise. It seems like we all need to do some research to protect our investments
I thought it was $11.50 and not $10. Thanks for the info about 2028, I didn’t realize we had that long.
My plan has been to hold long-term my 500 shares, but I also have 2,000 warrants that I’m going to play by ear, as this unfolds. I will probably sell a portion of them to raise $ toward converting some of the warrants to more shares. Hearing that we have until 2028 is good news, as I won’t be rushed into selling warrants too quickly, and can (hopefully) let them rise in value before selling.
The warrants are still good for a few year yet, there isn't a rush. I still have Rumble warrants from before it changed from CFVI to RUM. What you'll see at first is if you have DWACU units those will get split and for each you'll receive a warrant and half a share.
I believe the $DWACW warrants expire in 2026 (03SEP?). You can confirm with your broker or check here: https://www.sec.gov/edgar/browse/?CIK=1849635&owner=exclude
Stock and warrant info is likely in the prospectuses or in filings related to stock issuance.
See page 132: https://www.sec.gov/Archives/edgar/data/1849635/000110465921111753/tm2124624d5_s1a.htm
I'm sitting on 40 right now. Can't wait to see what happens.