So anyone have a clue when DJT warrants can be excersized. Was told through my B/D I could exercise them then they came back and said not yet.
I have a link below that explains some of it but[DJTWW Warrants] (https://www.sec.gov/Archives/edgar/data/1849635/000110465921114267/tm2127182d1_ex4-1.htm)
My best guess is if I am interpreting right would be month after 4/24 according to item (i) below. Just curious if anyone else had a better pulse on language used here .
A Warrant may be exercised only during the period (the “Exercise Period”) commencing on the later of: (i) the date that is thirty (30) days after the first date on which the Company completes a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination, involving the Company and one or more businesses (a “Business Combination”), and (ii) the date that is twelve (12) months from the date of the closing of the Offering, and terminating at 5:00 p.m., New York City time on the earlier to occur of: (x) the date that is five (5) years after the date on which the Company completes its initial Business Combination, (y) the liquidation of the Company, or (z) the Redemption Date (as defined below) as provided in Section 6.2
Wow what a ride with GME. Know other threads already covering GME, but just amazing to see the volatility. Love watching MOASS unfold. NCSWIC!!
Honestly I would contact your broker and ask them directly.
I did they didn't have an answer which was weird. I don't think anyone has been able to exercise them yet but if someone has please let me know. Interpreting what was sent I would say month after was approved which would be mid May but who knows. thanks for the reply