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!!!
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So for the warrants, please correct me if I’m wrong, but it seems to exercise them you may end up paying taxes twice on them. It sounds like at exercise you will pay the difference in your cost basis and the fmv at time of exercise as ordinary income. Then if you sell the stock you would pay capital gains.
That said selling the warrants as they increase and approach the merger maybe a better deal?
https://finance.zacks.com/taxation-stock-warrants-7458.html