RE:Warrants!Vanzur wrote:
Hey everyone, Glad to have found this forum. I got the DRS for the stocks already emailed but not sure about the warrants yet. Can anyone explain if the warrants DRS is already issued and can be exchanged, please? Thanks
The warrants were issued and sent in the mail in the same package with the DRS statement. The warrants were the bunch of pages stapled together (only 1 page matters, the page with the warrants on them).
You can send the warrants sheet to your broker. (I use TD). The warrants will sit in your investment account which will state ammount of warrants you have, and a dollar balance of ZERO. (this is because they are not cashed in yet).
When the time comes to cash in, you will pay your broker 30 cents per warrant that you want converted into an actual share, for as many warrants as you have. Some brokerages charge a flat fee to "execute" the warrants.
Also, to even register the warrants, so brokerages charge up to $300.