No it's only a right to buy. For every 4 GDN shares you holder you have the right to buy 1 in the spin-off.But you still have to fork out more cash.
Market Close: We're probably not going to see a contrarian September rally – but this way, 2025 might see a Santa Rally
SKK Stakk – formerly Douugh – rockets +300% on deal with Robinhood, the US trading app of 'meme stock' fame