I have a bad invest in Desktop Metal. It got de-listed and bought by Nano Dimension at about $5.4 per share.
I have 14 shares in account of online broker called webull , which is about $75.
Webull needs me to pay $50 to get the $75. They said "The $50 processing fee is charged by our clearing partner to process this tender offer".
Anyone has the experience with similar situation? It sounds ridiculous to me to charge me $50 to get back $75.