As of March 25, 2024, Digital World Acquisition Corp. was acquired by Trump Media & Technology Group Corp., in a reverse merger transaction. Digital World Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify on technology-focused companies in the SaaS and technology, or fintech and financial services sector in the Americas. The company was incorporated in 2020 and is based in Miami, Florida.
$DWAC. SP500 All TIme High!!!! The market under Trump was always on it’s heals and lacked real confidence because everyone was always fixated on his 2am crackhead infused tweets.
$DWAC as like all SPACS. The best I know of is DKNGs and that looks terrible right now. Truly SPACs are a way for Rich people line their pockets further. Truly I can’t believe the SEC doesn’t impose more rules on this type of thing.. most all SPACs suck and the basket has trailed the SP500 this year by about 45%