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28
Quick question for the stock pedes. How does DJTWW work?
posted 22 days ago by auroch 22 days ago by auroch +28 / -0

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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– lukelog925 4 points 22 days ago +4 / -0

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.

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▲ 3 ▼
– auroch [S] 3 points 22 days ago +3 / -0

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!

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– lukelog925 3 points 22 days ago +3 / -0

Warrants expire 5 years after date of merger/acquisition.

DWAC/TMTG merged by shareholder approval on March 25th, 2024.

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– auroch [S] 3 points 22 days ago +3 / -0

Thank you very much.

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