OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

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Was looking at my Roth IRA ,can anyone tell me what the below means?
I know Tmobile bought Sprint, I owned shares in Sprint.

Offer terms
Latest Update: 06/29/2020 11:36 AM ET
CUTOFF DATE: 07/23/2020 7:00 PM ET
EXPIRATION DATE: 07/27/2020 1:00 PM ET
WITHDRAWAL DATE: 07/23/2020
* Note: Based upon terms of rights offering, Rights may only be exercised in
quantities of 20 and integral multiples thereof.*
06/29/2020 10:53 AM ET
CUTOFF DATE: 07/23/2020 7:00 PM ET
EXPIRATION DATE: 07/27/2020 1:00 PM ET
WITHDRAWAL DATE: 07/23/2020
T-Mobile US, Inc. has announced a rights offering for the holders of their
common shares, CUSIP 872590104.

You received 1 right for every 1 share you held as of the record date,
06/25/2020. 20 rights will entitle you to purchase 1 additional share at a
subscription price of $103.00 per share.

If you exercise all of your allocated rights, you have the opportunity to
oversubscribe for additional shares, subject to availability and proration.

All holders have the option to sell their rights in the open market. There is
no guarantee that a market will be found.
All rights exercised are irrevocable.
 
Nak up 17% in premarket, and has been trending upward for months now. The Final Environmental Impact Statement (FEIS) is expected on the 24th and it’s pointing to being positive. Once the FEIS is completed, the Record of Decision (ROD) is expected a couple weeks after.
 
Nak up 17% in premarket, and has been trending upward for months now. The Final Environmental Impact Statement (FEIS) is expected on the 24th and it’s pointing to being positive. Once the FEIS is completed, the Record of Decision (ROD) is expected a couple weeks after.
$20+ by ROD?
 
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