Stocks-DWAC-Digital World Acquisition Corp

DWAC Digital World Acquisition Corp

16.47 -0.06 (-0.39%)
Market OpenDelayed Prices By NASDAQ, in USD
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Digital World Acquisition Corp price

0% Past Week
Market Cap
615.44M
Day’s Range
16.35
-
16.50
52W Range
12.32
-
29.72
Volume (3M)
1M
Price-Earnings Ratio
-40.44
Revenue
-

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About Digital World Acquisition Corp

Digital World Acquisition Corp. is a special purpose acquisition company (SPAC). Founded in 2020, the SPAC is based in Miami, Florida. Led by Patrick Orlando, chairman and CEO, the company was founded with the aim of merging with a tech-focused company in the Americas. Digital World Acquisition Corp. launched its IPO in September 2021, raising $250 million with 25 million shares priced at $10 per share. It trades on the Nasdaq under the ticker DWAC. In October 2021, it was announced that Digital World Acquisition Corp had entered into a definitive merger agreement with the Trump Media & Technology Group (TMTG). TMTG is, as the name would indicate, an American firm founded by Donald Trump in February 2021. The company aims to have a beta launch of its social network called Truth Social in November 2021, with a full launch in 2022. The transaction values Trump Media & Technology Group at an initial enterprise value of $875 million. Further information can be found at: https://tmtgcorp.com/ Track the share price of DWAC by adding it to your eToro watchlist.
Eric Swider
CEO
3
Employees
2020
Founded
Miami, Florida, US
HQ
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