NASDAQ:DWAC
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Digital World Acquisition Stock News

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At Close: Mar 26, 2024

DWAC: Trump's SPAC Has Huge Upside

09:00am, Thursday, 09'th Dec 2021
DWAC: Trump's SPAC Has Huge Upside
Digital World Acquisition Corp (NASDAQ:DWAC) is surging on above-average volume Wednesday. Digital World Acquisition Corp has announced plans to merge with former President Donald Trump's Trump Media
The stock price of Digital World Acquisition Corp (NASDAQ: DWAC) increased by over 16% during intraday trading today. This is why it happened.

Trump Media Company Involved in SEC Probe

09:05am, Wednesday, 08'th Dec 2021
The SPAC taking Trump Media & Technology Group public may have chosen that merger target before its own IPO, which would be a violation of SPAC rules.
On Tuesday, stock in a blank-check company which is under multiple federal regulatory investigations while merging with a non-existent media company closed up 16.6% after naming a former dairy farmer
Trump claimed to be the victim of a witch hunt and said that without his media company, the country would be left with "pure communism."

Trump Social SPAC under SEC scrutiny

08:50am, Tuesday, 07'th Dec 2021
"You know, this is just a continuation of witch hunts [where] anything you do they want to look at it," said the 45th US President

Trump Social SPAC under SEC scrutiny

06:34am, Tuesday, 07'th Dec 2021
Wall Street regulators have launched an investigation into Donald Trump's social media company, which intends to merge with the Digital World SPAC vehicle.  The US Securities and Exchange Commission
CNBC's Kayla Tausche joins Fast Money to report that Rep. Devin Nunes is leaving Congress to become the CEO of the Trump Media & Technology Group.
A SPAC announced plans to take Donald Trump's new social media platform and media platform public. At the time of the announcement, the presentation did not offer up financial or user projections.

The SEC is curious about Trump's SPAC deal

03:40pm, Monday, 06'th Dec 2021
Digital World Acquisition Corp. (DWAC) announced in a recent filing that it has received questions from the United States government regarding its anticipated combination with Trump Media & Technology
DWAC stock is falling amid discussion of a probe from both the SEC and FINRA. Here's what investors should keep in mind as we learn more.
SEC chief Gary Gensler apparently thinks the so-called “Trump SPAC” got some ‘splaining to do.
Trump Media has secured $1 billion in funding through a PIPE deal. This can be interpreted as both bullish and bearish news.
The blank-check company plans to take public the social media company Rumble, which appears to be tied to former President Trump.
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