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TSLA acquires SCTY - Shareholder Info

TSLA acquires SCTY - Shareholder Info

Did anyone else hold shares in both TSLA and SCTY during the acquisition transition? I had "x" amount of shares in SCTY when Tesla took over SolarCity (two thumbs up on the move!)but that resulted in a fractional share and left me with "x".85 shares. In terms of the price of 1 TSLA share that is approximately $165. This amount was rounded down the next day and *poof* that .85 share (or $165) disappeared into thin air. Has anyone else experienced this and are there steps to be taken to either recoup these funds or, a better option, be given the choice to purchase a full share for the price difference? Huge Tesla enthusiast here and can't wait for my Model 3. I just hope that I can get this fractional share debacle taken care of to take this bad taste out of my mouth.

Bighorn | 23 November 2016

You'll get a check for the fractional share value.

Bighorn | 23 November 2016

or it could show up in your MMA/settlement fund at the brokerage.

czellermayer | 23 November 2016

Thanks Bighorn! I'll keep an eye for that and I've sent something to IR @ Tesla too, so maybe more info to come. Thanks again.