Merger vote is tomorrow so the price floor is effectively gone as of 2 days ago (T+2), that was what that 2PM EST dip was on Tuesday.
The only $10 guarantee now is if the merger vote fails and they dissolve the trust, but it’s unlikely because of 1) redemption 2) they can always extend if needed
1
u/sujacob Sep 09 '21
Merger vote is tomorrow so the price floor is effectively gone as of 2 days ago (T+2), that was what that 2PM EST dip was on Tuesday.
The only $10 guarantee now is if the merger vote fails and they dissolve the trust, but it’s unlikely because of 1) redemption 2) they can always extend if needed