I am going to add to this discussion from research I am doing to hopefully benefit all anons.

What Is a Stock Warrant, and How Do They Work?

Stock Warrants 101: An Explainer

Stock warrants, however, can sometimes confer the right to buy or sell for many years down the road: On occasion, those dates can be five or 10 years down the line, giving the buyer a lot of time for the wager to play out.

DWAC Warrants appear to expire Jun 30th, 2028. This would be a date in which you must sell them or lose everything. https://www.cnbc.com/quotes/DWACW

Pros

1. High upside potential.
2. Exercise date can be very far off.
3. The strike price may be adjusted down by dividends.

Cons

1. Risky, volatile.
2. Scant availability.
3. Additional complexity (callable, price adjustments and more).

Important It appears that if one were to exercise Warrants after DWAC/TMTG goes public, i.e. merges, then any gains will be taxed as ordinary income. Depending on how much the stock value explodes, if it does, this could be a huge tax hit for some. Everyone should research their own situation on this. Taxation of Stock Warrants

Not financial advice. Do your Own research. Contact your financial planner and CPA before making financial decisions. Work with people you personally know and trust.

I am going to add to this discussion from research I am doing to hopefully benefit all anons.

What Is a Stock Warrant, and How Do They Work?

Stock Warrants 101: An Explainer

Stock warrants, however, can sometimes confer the right to buy or sell for many years down the road: On occasion, those dates can be five or 10 years down the line, giving the buyer a lot of time for the wager to play out.

DWAC Warrants appear to expire Jun 30th, 2028. This would be a date in which you must sell them or lose everything. https://www.cnbc.com/quotes/DWACW

Pros

1. High upside potential.
2. Exercise date can be very far off.
3. The strike price may be adjusted down by dividends.

Cons

1. Risky, volatile.
2. Scant availability.
3. Additional complexity (callable, price adjustments and more).

Taxation of Stock Warrants

Not financial advice. Do your Own research. Contact your financial planner and CPA before making financial decisions. Work with people you personally know and trust.