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$HUB Cyber Security (HUBC.US)$ I'm still confused about what...
$HUB Cyber Security (HUBC.US)$ I'm still confused about what happened with the acquisition of $MOUNT RAINIER ACQUISITION CORP (RNER.US)$... I still have not seen any of the $$ I had in RNER returned due to the RS, is that process still just not completed yet or what? I only had 20 shares, but I'm confused where that capital is currently at. I know it might be a basic question, but any insight is appreciated.
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Finance major from Syracuse U/finished MBA 2 years ago/lifelong torrid love affair w/ stock market. Day trading newbie.
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70029070 : I think acquisition never happen yet I think it will happen somewhere end of the march 26-28. What’s trading right now are the share of hub not the combine company. Combine value be 8-10 range. That’s my opinion not finical advice. Thanks
Mrjester : they switched over my RNER shares last week. I lost a few shares and my avg cost went to 7.81 per share. I've been buying as much as I can to bring my cost avg down. of you had shares in rner in moomoo and don't see them in hubc you may want to call someone
BeeDeeVee712 OP : Thanks for both responses, and yeah, that first comment makes sense and MeJester, I think what you mentioned might be the problem I believe I'm having...I cannot see any amount of my RNER shares reflected in HUBC, nor ever returned to me as cash (like usually happens in a RS if you don't have enough shares to cover the split). The only shares I have in HUBC are ones that I bought after HUBC started trading and with funds with zero attachment to RNER in any way. So, again, unless I'm missing something here, it sounds like I need to contact MooMoo (unless someone else can weigh in and point out what I might be missing). Thanks for the help everyone.
Mcsnacks H Tupack : RNER had ran up 25 million in debt. That capital went to pay their debt.