Cerebras ipo
My understanding is that if I didn’t respond to the court documents my cerebras shares were placed in a liquidating trust with forge global.
We are now awaiting to hear from van eck and forge global where I will be asked again to make a choice for either the liquidating trust or the van eck closed end fund.
If I don’t respond I’ll be placed in the closed end fund and lose my cerebras shares.
Is my understanding correct?
When can we expect to hear from them?
Am I correct in my understanding that I will receive the current trading value of my Cerebras shares (minus haircut) since it has now IPO’d in the van eck fund and not simply my initial investment ?
My intention is probably to keep my cerebras shares but I’d like to keep my options open. I assume the only advantage of the fund is I could sell immediately?
Anyone else in a similar situation?