Here ya' go.
The section you're likely most interested in is "The Offering" although I encourage you to read the entire thing (in between naps of course).
Your DWACW warrant gives you the "right" to buy a stock of regular shares (TMTG) for $11.50.
Example: Your cost would be $11.50 plus the amount you have already paid for the warrant (right to buy).
On this example if you purchased the warrant (right) for $8.00 per and you decide to exercise the warrant for regular shares at $11.50 then you would have spent $19.50 for a stock that is currently trading on the market in the ballpark of $40. Your profit would be $20.50 per if you decide to turn around and sell the regular stock you just acquired. You can also choose to keep the newly acquired shares of TMTG if you have confidence that the stock will continue to go up in price and are willing to take the risk of course.
At this point you may be thinking "what gives. Why such easy money?".
Well YOU took ALL the risk and, as of now, are getting paid for that risk. If the merger would have failed, your warrants would have expired worthless (unless you are into buying and selling warrants which you certainly could have). You would have lost all of the money you invested in the warrants. With a regular stock (DWAC) the investor has the ability to sell his/her stock if they see that the merger may not have gone through days prior to the failure of merger and may have still made money, broken even and or lost less money depending on their purchase price. Not you. Nope. If you intended to see the merger or bust your warrant contract and ability to make any money at all was contingent on a successful merger.
I hope your rewarded handsomely for the risk.
*Keep in mind the above mentioned is NOT advice and is a simple example of what one could do. There are many strategies you could employ depending on your ultimate goal.
Here ya' go.
The section you're likely most interested in is "The Offering" although I encourage you to read the entire thing (in between naps of course).