What happens to my non-exercised subscription rights on a voluntary corporate action?

ACCESS CORPORATE ACTION MANAGER

IBKR provides information to account holders on upcoming voluntary corporate actions within Client Portal. If you have been sent a notification regarding an open voluntary corporate action, use the button above or follow the below procedure to submit your election in the Corporate Action Manager:…

A subscription right is a privilege granted to an existing shareholder of a corporation to subscribe to shares of common stock before it is offered to the public. The terms of the rights, meaning the number of rights required to purchase 1 new share and the subscription price, are defined by the company and will be outlined in the voluntary corporate action overview…

Clients may obtain information on both mandatory and voluntary corporate actions from the Investor Relations department of the company involved.

In the event a voluntary corporate action is open for elections, IBKR will, on a best efforts basis, provide a summary of the offer along with the ability for clients to submit their election. In the event of a mandatory corporate action, IBKR will provide general notification of the action, but clients should contact the company directly for details…

No, IBKR does not accept default or standing instructions from clients with respect to voluntary corporate actions. Client will be notified on a best efforts only basis of upcoming voluntary corporate action offers on positions held. Clients will then have an opportunity to review a summary of the offer and submit an election on-line…