Replies to post #58484 on Movement Industries Corp (MVNT)

[nsomniyak]

The company can lift the restriction on the class of shares, but then individual shareholders have to work with their broker and the TA to get the restriction lifted on THEIR specific restricted shares. That takes time and incurs fees.

I am going through this with another ticker. There is no reason to incur those fees and the associated hassle if the market value of your position is small relative to the prospective fees, which is likely the case for many of the F&F if they have relatively small positions. Unless you have a desperate need for the cash, it is better to wait.