Not being paid out after acquisition

🤝 Help
1

I crystallised a loss on my Desktop Metal ($DM) shares after it was acquired by Nano Dimension ($NNDM) following a court ruling ordering acquisition at US$5.295 per share a few months ago. However, 212 haven’t yet paid me out…

Trading 212 are saying that their intermediary (IBKR) haven’t finalised and confirmed this corporate action, however IBKR have said it’s up to 212. Apparently (according to posts on Reddit) I need to be provided with access to forms on the NNDM portal to confirm that I’m not subject to Israeli withholding tax.

Not having any clarity over this is immensely frustrating. Is anybody else here still holding those untradeable shares, or can someone from 212 get in touch with IBKR and iron this out so I can get my cash?

2

We are aware of the details and what needs to be done. We are exploring the best course of action, and I’ll let you know once there are updates.

3

Please sort out Sondrel too.

It was my understanding that I could transfer to shares in the private company, which is why I kept my Sondrel shares.