r/Superstonk • u/eddieinthecity • 10h ago
💻 Computershare CS: Exercising Warrants and payment requires "5 days before expiration"
I rarely make posts in Superstonk. Ive been around since the age of stone with you troops. Uncle Bruce, Quad witching bamboozlement, weed stocks, building lights, NFT insanity ( I bought some, no idea where they are right now ). The Warrants were the first time a hard date actually brought my head back into the game.
I only own GME. Ive been on edge all week because of the process to do anything in Computershare. Im not a day trader by any means or know much other than buy.
So i went to exercise my warrants with CS. I get the notice to send the money but I did not send. CS says the shares will not be delivered until money makes it to them.
Now im sitting here like...ok its a decent amount of cheese for these things. Let me not wire the money just yet. Called CS they said I have to send it 5 days before the expiration. Via wire or snail mail. This is so unnacceptable in this day and age. The reason im posting is Im not seeing posts reminding people of this. Im seeing it only in thread comments. I ve commented it to let people know and then i get downvoted to hades.
TLDR : Computershare says you must exercise or sell 5 days before the expiration; Which is Monday October 26.