BBIG Spinoff Dividend

[Farra13]

Hi, do we have a timeframe for when we receive the spinoff dividend from holding BBIG?

[AndaIG]

Hi @Dannymacca

Thanks for reaching out, 

The ex-date for the spin off was 30th June 2022, so you would have needed to hold the shares on market close prior to the ex-date to be eligible for the shares. However none of our clients have received their entitlements at the moment as we are still waiting to receive the shares from our prime broker. We are chasing our broker daily on this. 

All the best, 

Anda

[ArvinIG]

11 hours ago, Farra13 said:

Hi, do we have a timeframe for when we receive the spinoff dividend from holding BBIG?

Hi @Farra13,

Thank you for your post.

Our Corporate action advised that it will reflect after the pay date. There are still waiting on the Pay date to be determined.

Thank you - Arvin

[Dannymacca]

Do you know what the criteria was for recieving the tyde shares, did we have to hold on IG? I've seen mixed messages regarding this. Can my account be checked for instance?

Thank you.