r/Superstonk

I remembered apes talking about receiving emails about selling warrants through Computershare.

**Instructions on how to exercise/sell through Computershare**

Going through this process is how I discovered the verbiage in this post's title

(I did not complete the entire process)

I went to my email account I use for Computershare. I searched for "Computershare".

I had 2 emails.

I see the suspicious domain www.ComputershareCAS.com/GameStop.

​I ask AI "where on the Computershare.com website is computersharecas.com mentioned"

Response:

On [https://www.computershare.com/us/personal/shareholders/becoming-a-registered-shareholder-in-us-listed-companies](https://www.computershare.com/us/personal/shareholders/becoming-a-registered-shareholder-in-us-listed-companies) (GME warrants section).

I follow that link and look at the url after I land to verify its the computershare.com address I'm familiar with and trust.

​I do a Ctrl-F for computersharecas.com

​I then go back to my two emails.

The first one has your name and your Account Code and the link to follow.

​I follow the link.

​The first email has your Account Code

The second email has your Control Code

You don't have to give your Computershare credentials.

These two codes ARE your credentials, so protect them.

​​I'm just reading this now: "Please note, if you have made a request for less than the total number of warrants you hold within the account, subsequent requests to address any remaining warrant balance within the account will need to be made via **physical mail delivery** of the Warrant Election Form to Computershare. The Warrant Election Form can be found on the landing page of this website."

​I think there should be a lot more awareness of this in the sub.

I bought a stupid amount of warrants and DRSed them. They are in Computershare, but I don't see them here. I have some homework to do.

From what I read in that note, you get ONE electronic transfer regarding warrants. A second transfer must be made through snail mail. Please correct me in the comments if I am misunderstanding this.

Also your sell order must be received by 5 business days before warrant expiration.

This needs to be common knowledge if true. And it looks to me like it's true.

This makes it sound like if you sell warrants with the intention of using the proceeds to exercise other warrants, the exercise would have to be done via snail mail.

I'll have to wait until after the holiday to contact Computershare about the rest of my warrants that I don't see through this portal that I DRS'ed.

Also I will seek clarification from Computershare if these limits are per Computershare account holder, per Computershare account, per Account Code/Control Code pair, or something else. There are many questions to answer before warrants cross their strike price.

Are the Account Code/Control Code pair per account holder? Per account? How do I verify how to exercise or sell the rest of my warrants not accounted for through this portal?

Another question: Is banking information on subsequent screens or do they use the account already attached to my account?

Also, if someone did a test exercise of one warrant, do they have to physically mail in their subsequent warrant exercise/sell orders as they already used their one digital freebie?

If I have warrants in 6 Computershare accounts, how many digital warrant exercise/sell actions do i get? Can I move them all to one account first? Do I have to get re-issued an Account Code/Control Code? If so how long does that take? If not, how does that work?

I have many questions for Computershare, and I want to trust what Iearn because the consequences of being misinformed are significant for me, and many others I'm sure.

I hope the title I chose was not misleading, I did not have any more characters available to clarify.

If Mods have any information they have already collected or are aware of, please drop a link in the comments and thank you. I am more than willing to make edits to this post to add clarifying information. I'm honestly just learning about this and am not 100% sure if I am understanding this correctly, but it sure seems like it.

If anyone has more info about any of this, please comment.

Any more official documents/FAQs/etc from Computershare, please share.

Tldr: Following the Computershare warrant exercise/sell link shows that a Computershare warrant sell order must be received 5 business days before warrant expiration and that you get ONE electronic warrant action. Any subsequent warrant exercising/selling must done via snail mail. I have purchased and DRSed more warrants not listed in this portal, I'll call or chat with Computershare next week as I bought a stupid amount of warrants.

Ok, time to go for a run.

Edit: 5 business days means a full WEEK before expiration

Edit: If a sell must be a week in advance of expiration, how much delay is there in executing the sell order?