Facts and Fictions
The Facts:
* On November 15, 2025, the RKT merger will be completed.
* On October 26 (?), the objection period in the LIBOR case expires, meaning if no objection is filed, the LIBOR case is closed. Therefore, there would be no reason for the FDIC not to close the WAMU case as well.
* Assets don’t disappear; they’re simply relocated.
* The involved large corporations would have to pay taxes immediately on cash payouts, but not on stock – this applies to everyone.
* It’s much easier to consolidate all existing assets under one holding company (RKT) than to distribute them among all eligible parties.
* Trading volume in RKT has surged massively, but the price per share has dropped.
* RKT has a huge volume of authorized shares.
The Fictions:
* There is nothing left; everything is gone, and JPM acquired it all for $1.9 billion.
My Conclusion:
All eligible parties will receive RKT shares.
The number will be based on the distribution ratio P/K/U (if applicable at all).
However, the number will also depend on the volume of the assets to be taken over – this is exactly where the currently falling share price makes sense (lower pps = larger number of shares to eligible parties, depending on the volume of the assets).
In my opinion, the asset transfer will occur between October 26, 2025, and November 15, 2025.
Wishing you a Merry Pre-Christmas 😊