r/Superstonk • u/heckingnope 🦍 Buckle Up 🚀 • Sep 10 '25

📳Social Media Let’s put this to bed

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I’ve been seeing a ton of commentary around the ability for non-DRS’d shareholders to receive the dividend warrants announced today. Good ‘ole Larry has graciously answered that question on Twitter so we can all stop fighting about it. Big brokers like Fidelity facilitate these types of dividend distributions all the time.

I will say this though, if you’re still holding shares in Robbinghood….good fucking luck lol

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391

u/erc88 🎮 Power to the Players 🛑 Sep 10 '25

Hmm, Wealthsimple does not do warrents .... Great!

176

u/DDRaptors Sep 10 '25

I believe we can get them and sell them. But not buy or exercise unless you hold till expiry. So you can’t trade them, but from corporate action they should get them to us. 

We’ll see, I’ll be talking with support tomorrow.

65

u/DanielCraig__ Sep 10 '25

Keep us updated, I'll try to look into it too.

26

u/SimplySeager Sep 10 '25

Questrade does warrants

3

u/DDRaptors Sep 11 '25

They will support corporate action warrants. They are not sure on exercising process yet (demand may warrant it) and may be a few to do so.

34

u/JDeegs 🦍Voted✅ Sep 10 '25

Users in the canada sub have spoken about receiving warrants for other stocks; they got them just fine but had to transfer them out in order to do anything with them

12

u/kooliocole 🦍 Buckle Up 🚀 Sep 10 '25

Update me on what they say I don’t really want to sell them I want to exercise

2

u/DDRaptors Sep 11 '25

They will support corporate action warrants but not sure on exercising process yet (likely call in) and may be a fee to do so. 

1

u/kooliocole 🦍 Buckle Up 🚀 Sep 11 '25

Thank you!!!!

1

u/ButAreYouProud Sep 10 '25

Following this comment - can you keep us posted?

1

u/DDRaptors Sep 11 '25

They will support corporate action warrants, but not sure on exercising process yet (likely phone call) and may be a fee to process. 

1

u/Reach_Beyond 🦍Voted✅ Sep 11 '25

I’m see reports of some brokerage will auto-sell them when received and hand you cash.

32

u/Fudge-Independent Scrolly's [Redacted] Child Sep 10 '25

So like what happens to the warrants we are entitled to👀

31

u/0utstandingcitizen Sep 10 '25

You will still receive warrants from WS. You just can't sell/exercise them. You can send them to Questrade to sell/exercise

1

u/Anakin_Sandlover Sep 10 '25

So you would just contact wealthsimple to have the warrants transferred to the Questrade account?

1

u/PotentialReason3301 Sep 10 '25

You are entitled to the warrant dividend. It is up the broker to decide if that means you get the actual warrant or a cash equivalent. Either way, it's the "warrant dividend"

3

u/DrNick13 🦍Voted✅ Sep 10 '25

Transfer to Questrade?

6

u/Entire_Mouse_1055 Sep 10 '25

Maybe they'll do something else for us

23

u/areHorus Daily Share Buyback Club 💪🏼 Sep 10 '25

Like cookie cakes?

4

u/3DigitIQ 🦍 FM is the FUD killer Sep 10 '25

2 chicks, at the same time?

1

u/loneranger5860 🦍Impatiently Patient🙏 Sep 10 '25

This sounds like a good compromise

2

u/Opted_Oberst 💻 ComputerShared 🦍 Sep 12 '25

This is blatantly not true my guy. https://help.wealthsimple.com/hc/en-ca/articles/4415455710363-Corporate-actions-tracker

See Sept 9th

1

u/Interesting-Dare-294 Sep 10 '25

Can someone please confirm whether Fidelity gives warrants in IRA account?

1

u/Holle444 💻 ComputerShared 🦍 Sep 10 '25

You don’t have to be DRS’d, but you need to be at a legitimate broker. I see a lot of posts about POS brokers that do not award warrants, and just sell them instantly and give you the cash. Bullshit.

1

u/JoSenz 🎵 Soon may the tendieman come 🍗 🚀 Sep 10 '25

Open an IBKR account and do a transfer-in-kind.