I purchased stock in a company in early 2020 that went bankrupt later in 2020. The bankrupt company reorganized and came out of bankruptcy in 2021 and took the remaining worth of my shares and purchased stock and warrants in the re-organized company in 2021. In 2022 I sold those shares and warrants and now my 2022 1099B is showing I have a short term gain based on the purchase of the re-organized stock and warrants and the gain from the subsequent sale. It was over 2 years from when I exercised the initial stock purchase in which went bankrupt to the time I sold the re-organized stock and warrants. How is this considered to be a short term gain?
