You Searched For "digital world acquisition spac trump" and got 20 results
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1 min read
Trump Media insiders sell nearly 11 million shares after lock-up period expires
The seller is the investment partnership of former "Apprentice" contestants Andrew Litinsky and Wes…
Filip De Mott
1 min read
Donald Trump's first win of the 2024 election season ignites 239% rally in Truth Social-linked SPAC
Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform since …
Matthew Fox
2 mins read
Digital World Acquisition falls 15% after Elon Musk buys Twitter for $44 billion
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square," El…
Matthew Fox
2 mins read
Digital World Acquisition spikes 23% as Elon Musk tweets about Twitter's competition
"Truth Social (terrible name) exists because Twitter censored free speech." In a follow-up, Musk tw…
Matthew Fox
2 mins read
Digital World Acquisition could plummet 78% as regulatory scrutiny means it will likely never merge with Trump's Truth Social media platform, short seller says
"DWAC is not just another dubious 2021 SPAC; it is a poster child for some of the worst abuses the …
Matthew Fox
1 min read
Digital World SPAC tied to Trump's Truth Social extends two-day decline to 13% after app downloads plummet
Despite the recent sell-off, Digital World is still up nearly 500% from its SPAC IPO price of $10 p…
Matthew Fox
1 min read
Digital World Acquisition stock sees wild swings as the SPAC discloses another SEC probe and reiterates plans to merge with Donald Trump's Truth Social
Digital World said it "appreciates" the SEC's task to protect investors and acknowledged that it is…
Matthew Fox
1 min read
Digital World Acquisition Corp. jumps 29% as merger partner Trump Media eyes $1 billion fundraise
Trump Media & Technology Group is already in line to receive $293 million if its deal to go public …
Carla Mozée
1 min read
The SPAC taking Trump's Truth Social public slides 11% as 2 key executives reportedly depart the social media app
DWAC shares have been under pressure recently following the rocky launch of the Truth Social conser…
Carla Mozée
4 mins read
Trump Media's stock is almost certain to crash
Trump's media company, which runs Truth Social, was flying high after starting trading. There are p…
Emily Stewart
4 mins read
Trying to make sense of Donald Trump's SPAC? We break it down for you.
Shares of Digital World Acquisition Company, which plans to merge with Donald Trump's new social me…
Natasha Dailey
2 mins read
Digital World Acquisition stock may face less short-seller pressure due to quirk in SPAC deals, expert says
DWAC's prospectus said 11 anchor investors would buy up to 91.3% of the shares offered, potentially…
Isabelle Lee
1 min read
Trump Media stock rebounds 47% after brutal post-IPO sell-off
Trump Media successfully tested its rising 200-day moving average on Wednesday, a key level of supp…
Matthew Fox
1 min read
Warrants tied to Donald Trump's SPAC soar 2,686% amid merger hype
Public warrants tied to SPACs are inherently more volatile than the underlying stock because they c…
Matthew Fox
1 min read
Digital World Acquisition surges 357% on plans to merge with Donald Trump's media company
Trump's new venture follows speculation he would create his own social media site after he was bann…
Carla Mozée
2 mins read
Trump left Truth Social board not long before it got hit with an SEC subpoena, filing shows
The company behind Truth Social is in the process of being acquired by a SPAC and the merger is und…
Isobel Asher Hamilton,Tom Por…
2 mins read
Elizabeth Warren is asking the SEC to investigate the Trump SPAC deal over potential securities violations
SPAC deals "are often structured to exploit retail investors to the benefit of large institutional …
Matthew Fox
1 min read
An executive of the SPAC taking Trump's media company public is suing for 'brazen fraud', report says
Brian Shevland said he had been in the running for a board seat and that he was an integral part of…
Max Adams
1 min read
Hedge fund Saba Capital quickly dumped all of its unrestricted shares in the SPAC set to merge with Trump's media company, citing conflicting 'values' - and missed most of a 357% surge
Six other hedge funds that are invested in Digital World saw peak paper profits of more than $100 m…
Matthew Fox
2 mins read
Even 'Bond King' Bill Gross is getting in on Trump Media's options-trading frenzy
"A genius can also be an investor with the courage to sell DJT options at a 250 annualized volatili…