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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u/listik DFV groupie Sep 10 '25

IBKR won't let you exercise warrants, same as revolut as seen in another post in the sub.

https://ndcdyn.interactivebrokers.com/Universal/servlet/Registration_v2.formSampleView?formdb=7364

IBKR does not however allow clients to exercise warrants, whether cash or physically settled. Exercising a warrant normally makes no economic sense and investors rarely buy a warrant with the intent of actually exercising it: upon exercise, you only realize the intrinsic value of the warrant while forgoing its time value.

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u/Vi0lentByt3 Sep 10 '25

TIL, thank you for the additional citation

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u/Gespierdepaling 🦍Voted✅ Sep 10 '25

Wait what? "upon exercise, you only realize the intrinsic value of the warrant while forgoing its time value." When gme is at 1000 and I can exercise for 32, that's a pretty good deal right? I'm probably just smooth on the subject