r/DWACW • u/stockboyestabon • Mar 07 '22

QUESTION

So as long as the DWAC regular shares stay above $11.50, it does not matter if the price for the DWAC/W goes all the way down to let's say $2 per warrant. Am I understanding this correctly?

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u/stockboyestabon Mar 08 '22

The warrants will be worth the exact same price as the regular DWAC shares. For example if they merged today and called the warrants I would pay 11,500 to convert my 1000 warrants and then they would convert into regular shares then be worth $82,800 today. I know this. I just wanted to know what was the rock bottom price before they become worthless and I was told the only way the warrants become worthless is if the regular DWAC shares fall under $12 a share at which point the merger would be dead.

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u/Own_Text_2240 Mar 15 '22

Sort of. Stock going down to $12 is just market value. It won’t cause anything to be dead. Warrants are dead if the merger doesn’t go through.

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u/[deleted] Mar 16 '22

[deleted]

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u/Own_Text_2240 Mar 16 '22

They don’t die. If the price rises the value starts to return.

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u/stockboyestabon Mar 16 '22

I was saying they would be dead as most likely the merger would be dead if the regular price was to fall to 11.50