vgac stock price history
If DWAC stock is selling for less that 56 a share PIPE subscribers will be able to convert the preferred stock into DWAC stock at a 40 discount to the 10 day post closing price or 10 whichever is higher. The PIPE is Convertible Preferred Stock.
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So if DWAC ever closes and the 10 day VWAP of DWAC is 20 for the ten days after it closes the PIPE shares.
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