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Re: Ace Trader post# 781370

Tuesday, 01/09/2024 10:45:50 AM

Tuesday, January 09, 2024 10:45:50 AM

Post# of 796299
it is unclear how the government is going to monetize its position

there is SPSPA and Warrants. According to the CBO report, the face value of the SPSPA + the warrants is what the government sells.

Who knows.

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.