Digital World Acquisition Corp. is a blank check company, which was formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses or entities. The company was founded on December 11, 2020 and is headquartered in Miami, FL - MalkamDior.
(Bloomberg) -- Retail investors are piling into the special purpose acquisition company that agreed to take former President Donald Trump’s media firm public as thousands of users pump shares across social media platforms.
The retail trader excitement was clear with the stock being the most-mentioned company on the popular day-trader chatroom
The SPAC more than doubled to reach an intraday high of
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