Actual proportions ....... based on what they just published ... indicate that RNW shareholders who opted for full conversion to TA shares (the default option) will experience the following:
- 35.548% of their RNW shares will be exchanged for cash at $13.00 each, and
- 64.452% of their RNW shares will be exchanged for TA shares after applying the multiplier of 1.0337
RNW shareholders who opted for full cash conversion by the deadline date will receive the full allocation of $13.00 cash per share.
Now just wait patiently for a few days ... cuz brokerage firms do not usually move too quickly on such acquisitions. I anticipate that it will take a week or so.
Cheers to all now ex RNW shareholders!