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.
The fact this SPAC is being politicized in forums is all I need to know to stay away. Enjoy your ride up. The fall will break every bone in your wallet and shekel in your bag. On the bright side, if it succeeds, we don’t need to worry about another trump presidency.