RE:understand the amount of time it takes a share to settle The company has set 12:01 a.m. (a minute after midnight)on Sept. 22, 2022, as the effective time and date for the closing of the arrangement. And states: Ex distribution date: Sept. 21, 2022 I could be wrong but wouldn't this make Sept. 20th the last day to purchase SALT shares and qualify for TPL? As you say Eddie, best to check with your brokerage to be sure though.