DWAC - Tender Offer - Do Not Accept It
Don't Be Fooled!
It is time for a very important reminder for DWAC shareholders.
Brokers will be contacting you to relinquish your shares for a tender offer of $10. Do not accept the tender offer!!!
Every SPAC is required to broadcast to their shareholders the opportunity to trade their shares back for their original book value - in this case $10.
DWAC will be voting for merger with Donald Trumps - Trump Media and Technology company on March 22nd. The merger vote is not the tender offer. If you accept the tender offer you will be giving away your shares for $10. It is currently trading for $45.
Again, do not accept the tender offer as you will be screwing yourself.
Sadly, the money you spent on the stock doesn’t help Donald Trump ot TMTG. TMTG gets $10 for each share, the proceeds from DWAC’s IPO, no matter how often and at what price that share sells after the IPO. Your $10k went into the pockets of whoever sold the stock you bought.
If I could redo it, I'd buy it on Day 1. Since I can't, I don't give even a tiny fraction of a fuck. You only invest what you can afford to lose.
Wouldn't DJT personally hold a significant number of shares in the merged company at the current trading value?