Does anyone happen to know when we will get our TYDE shares? If I read correctly the ex-date is today may the 18th, will we be receiving it immediately when they are trading live? How does T212 handle these kinds of situations?
We’re still waiting for the official dates to be confirmed, but as with every spin-off, once our intermediary distributes the due shares we’ll allocate what’s due per the terms of the event, right away.
Any latest on this? I mean I’m quite worried if lack of action from Trading212 will cost me money? I mean they have a spin off and that will be listed soon (if not already). If T212 delays the distribution, and most other brokers have distributed to their clients, they can easily sell at IPO open day. What I mean is that we could be left in a situation where stock price plummets and then sell at a loss.
From what I have heard and seen on social media most other brokers have already managed all the relevant information they need to provide clients. Any idea why the delay with T212?
Totally agree with you, a bit worried about the lack of communication about this. I expect this to be tradeable right away on the date they will be available and hope T212 will not disappoint us. It would be better if they would communicate with us how it will work and what they have already done in the background…
On the distribution date (June 29, 2022), BBIG, with the assistance of Nevada Agency & Transfer Company, acting as the distribution agent, will electronically distribute shares of TYDE common stock to your bank or brokerage firm on your behalf or through the system of DTC. - BBIG SEC Filing
Same here, hence why I hope that they will see this and pass it on to whoever goes about that stuff. Because with stuff like this there is a big chance that stuff can happen right when it drops or becomes accessible for everyone. So I hope we get the availability to trade this right away when it becomes available on the market.