You Searched For "dwac" and got 20 results
Sort By:
1 min read
Digital World Acquisition Corp. falls 10% as board members subpoenaed over deal for Trump's Truth Social
The SPAC is attempting to move towards a proposed merger with Truth Social, a social media website …
Jennifer Sor
1 min read
Digital World Acquisition Corp. falls 10% as board members subpoenaed over deal for Trump's Truth Social
The SPAC is attempting to move towards a proposed merger with Truth Social, a social media website …
Jennifer Sor
2 mins read
Here's how users on Truth Social are feeling about Trump Media's steep stock decline
Some Truth Social users bemoaned the crash, looking for someone to blame as the shares continued to…
Jennifer Sor
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
2 mins read
DWAC says a drop in Trump's popularity could hurt Truth Social, and will ask investors to vote on delaying the IPO
DWAC will hold a meeting to ask shareholders whether to extend a merger deadline with Trump Media &…
Carla Mozée
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…
Filip De Mott
2 mins read
Trump risks tanking Truth Social's stock price if he cashes out
Truth Social is set to go public next week, with Donald Trump's stake worth billions. But cashing o…
Filip De Mott
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
The advisor to the SPAC taking Trump's media firm public is launching its own blank-check company
EF Hutton is looking to raise $125 million via its SPAC, according to a filing. It is targeting fir…
Isabelle Lee
2 mins read
Here's how the short-seller betting against the SPAC taking Trump's media firm public sees the former president's gambit playing out
Iceberg Research said it won't maintain its short position very long as Trump is likely to "very ag…
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
2 mins read
Donald Trump's SPAC gambit could make him richer than ever, with the ex-president and any partners reportedly set to own more than 50% of the post-merger company
Bloomberg estimates Trump and any of his partners will own a combined $4.8 billion stake in the pos…
Natasha Dailey
1 min read
Digital World Acquisition stock surges another 285% as Trump SPAC rally continues for a second day
DWAC shares rocketed 357% on Thursday after the company announced it was taking former US President…
Theron Mohamed
2 mins read
Short seller Jim Chanos ramped up his bet against Tesla last quarter - and placed new wagers against AMC and Trump-linked DWAC
The veteran investor bought bearish put options on a bunch of meme stocks, crypto companies, and hi…
Theron Mohamed
2 mins read
Carefree gambling and partying in Las Vegas may signal a US recession isn't imminent, short seller Jim Chanos says
Casinos on the Las Vegas Strip raked in big revenues in February, suggesting Americans are still sp…
Theron Mohamed
2 mins read
Digital World Acquisition extends 7-day decline to 31% after Trump's Truth Social threatens a lawsuit against the SEC over delayed SPAC deal
"In light of the obvious conflicts of interest among SEC officials... TMTG is now exploring legal a…
Matthew Fox
2 mins read
Digital World Acquisition Corp. jumps as the SPAC gets more time to gather shareholder approval to extend a merger deadline with Donald Trump's Truth Social
Digital World stretched its vote deadline after landing a $2.8 million deposit in its trust account…
Carla Mozée
1 min read
Digital World Acquisition soars 15% after Elon Musk walks away from $44 billion deal to buy Twitter
Shares of DWAC are still down 77% from a high of $175 last year and down 52% since the start of 202…
Brian Evans
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…