I know I can exercise them to get DJT stock proper. Do they expire? How do they work? Thanks so much.
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Warrants expire on March 25th, 2029.
If you're doing a cashless conversion, multiply your number of warrants by the strike price($11.50 USD) and that is the base conversion cost. Your stock broker may add on charges for services rendered as part of the conversion.
Warrants are converted on the share value, not warrant value. The more valuable the shares, the more shares you keep after conversion.
Thanks for the reply. You said March 25th, 2029, while someone else in this thread said 2025. A quick search shows an Investing.com page that quotes June 20, 2028.
Edit: I appreciate the help very much!
Warrants expire 5 years after date of merger/acquisition.
DWAC/TMTG merged by shareholder approval on March 25th, 2024.
Thank you very much.
June 30, 2028.