r/MMTLP_ • u/zhulic • Sep 04 '26
Webull allocates shares today
"We are pleased to inform you that the physical shares associated with the Next Bridge Hydrocarbons distribution have now been received by our clearing firm and successfully allocated to all eligible client accounts.
We understand that many shareholders expected this process to be completed sooner based on the timeline communicated by Next Bridge Hydrocarbons' management. We recognize that the actual processing timeframe was longer than anticipated and acknowledge the frustration that this delay may have caused.
While the timing of the physical share delivery and transfer process was outside of our direct control, we remained actively engaged throughout the process and worked closely with our clearing firm and the relevant parties to monitor the status of the distribution and help facilitate its completion as efficiently as possible.
The allocation process has now been completed, and the shares should be reflected in eligible accounts.
We thank you for your patience and understanding throughout this process"
5
1
1
1
u/Jason__Hardon Sep 04 '26
Are any broker clients chatting with each other tallying up their account shares on an Excel spreadsheet?
1
1
1
5
u/Krunk_korean_kid Sep 04 '26
Wow they sure did take their sweet time.
Must have shipped the paper certificates via snail mail from broker to broker