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66
DWAC Tender Offer Don't Be Fooled!
posted 268 days ago by deplorable-sc 268 days ago by deplorable-sc +66 / -0

I received an email with a tender offer under the current market price for DWAC. I wanted to see what others thought about the offer.

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– What-Me-Worry 1 point 268 days ago +1 / -0

Q for you:

I have a bunch of warrants also but have read that when they expire they can be worthless. Is this something I have to watch closely when the end date approaches, or can they be converted to whole shares (via offer) later on?

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– Richone 4 points 268 days ago +4 / -0

The way I understood it is they expire and are worthless after 5 years. You can buy real shares before they expire for 11 bucks. Does anyone have a better answer? Or am I correct?

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▲ 3 ▼
– RearViewKali2022 3 points 268 days ago +3 / -0

DWACW expire 6/30/2028. Lots of time to sell, convert to shares with $11.50 per warrant or even the outside possibility of a cashless conversion per order of TMTG (Trump Media & Technology Group). Post merger, TMTG will trade on Nasdaq with the symbol of DTJ for the shares and DTJW for the warrants.

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– Richone 3 points 268 days ago +3 / -0

Thanks!

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– BrickBradford 1 point 268 days ago +1 / -0

I have the DWACU (shares plus warrants). Any gouge on them, or do they split into shares and warrants.?

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