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Digital World Acquisition Corp - DWAC STOCK NEWS

Welcome to our dedicated news page for Digital World Acquisition (Ticker: DWAC), a resource for investors and traders seeking the latest updates and insights on Digital World Acquisition.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Digital World Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Digital World Acquisition's position in the market.

News
Truth Social to Launch Streaming Platform
Rhea-AI Summary
Trump Media & Technology Group Corp. completes R&D on its own content delivery network, preparing to launch a phased introduction of a live TV streaming platform for Truth Social, focusing on news, entertainment, and content facing censorship on other platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.17%
Tags
none
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News
Trump Media & Technology Group Files S-1 Resale Registration Statement
Rhea-AI Summary
Trump Media & Technology Group Corp. files S-1 resale registration statement with the SEC, allowing for the registration of certain shares of common stock and warrants following the business combination with Digital World Acquisition Corp. The Registration Statement does not involve any proceeds for TMTG from the resale of securities by existing security holders. The Registration Statement is subject to amendment and completion, and the prospectus can be accessed through the SEC's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.35%
Tags
none
-
News
Trump Media & Technology Group Files 10-K Report
Rhea-AI Summary
President Donald Trump's Truth Social, operated by Trump Media & Technology Group Corp. (NASDAQ: DJT), files a 10-K report revealing Digital World Acquisition Corp.'s (DWAC) financial results for 2023. TMTG has no debt and over $200 million in the bank, aiming to expand Truth Social as a free-speech platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.04%
Tags
none
News
Trump Media & Technology Group Stock to Begin Trading Under Ticker Symbol DJT
Rhea-AI Summary
Trump Media & Technology Group (TMTG) announces the commencement of trading on NASDAQ following a successful business combination with DWAC. TMTG's common shares will now trade under the ticker symbol 'DJT' in honor of former Chairman Donald J. Trump. CEO Devin Nunes emphasizes the company's commitment to free speech and digital freedom.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.1%
Tags
none
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News
Digital World Acquisition Corp. and Trump Media & Technology Group Corp. Announce Completion of Business Combination
Rhea-AI Summary
Digital World Acquisition Corp. and Trump Media & Technology Group Corp. announced the completion of their business combination, with Digital World now operating as Trump Media & Technology Group Corp. TMTG's common stock and public warrants are set to trade on Nasdaq under the ticker symbols 'DJT' and 'DJTWW'. The company will be led by CEO Devin G. Nunes. The partnership aims to redefine the media and technology landscape, focusing on free expression and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.22%
Tags
acquisition
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News
Digital World Acquisition Corp. Stockholders Approve the Proposed Merger With Trump Media & Technology Group Corp.
Rhea-AI Summary
Digital World Acquisition Corp. announced the approval of the proposed merger with Trump Media & Technology Group Corp. The merger was supported by the majority of stockholders, leading to TMTG becoming a wholly-owned subsidiary of Digital World. The common stock of TMTG is expected to trade on Nasdaq under the ticker symbols 'DJT' and 'DJTWW'. The successful vote highlights confidence in the merger and future prospects, with key executives expressing gratitude and commitment to the strategic direction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.22%
Tags
acquisition
News
Court of Chancery of the State of Delaware Held Hearing on United Atlantic Ventures v. Trump Media, Clears Way to Hold Merger Vote
Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp. (TMTG) have entered into a merger agreement, with TMTG surviving as a wholly owned subsidiary of Digital World. The Court of Chancery of Delaware is currently addressing a complaint filed by United Atlantic Ventures, LLC against TMTG regarding stock issuance. Despite the ongoing legal proceedings, the Stockholder Vote on the Business Combination is set to proceed as scheduled on March 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
Tags
acquisition
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News
Court of Chancery of the State of Delaware Issues Ruling on ARC Global Investments II, LLC v. Digital World Acquisition Corp.
Rhea-AI Summary
Digital World Acquisition Corp. and Trump Media & Technology Group Corp. have entered into a merger agreement, with TMTG surviving as a wholly owned subsidiary of Digital World. A lawsuit has been filed by ARC Global Investments II, LLC against Digital World, alleging failure to issue conversion shares as owed. The Chancery Court ruled in favor of Digital World, denying ARC's motion to expedite the case schedule. The shareholder vote on the Business Combination is scheduled for March 22, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
acquisition
-
News
Digital World Acquisition Corp. Announces Date of Special Meeting of Stockholders and Record Date
Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) announces a special meeting for stockholders to vote on a proposed business combination with Trump Media & Technology Group Corp. The meeting is set for March 22, 2024, after which the Business Combination is expected to close. Management expresses gratitude for shareholder support and highlights the commitment to delivering on promises. TMTG CEO Devin Nunes emphasizes Truth Social's focus on user experience, aiming to challenge Big Tech's dominance and protect free speech.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
News
Digital World Acquisition Corp. and Trump Media & Technology Group Announce Effectiveness of Form S-4 Registration Statement
Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group (TMTG) announce SEC approval of their proposed Business Combination. DWAC to hold a Special Meeting for stockholders to vote on the merger. TMTG's CEO Devin Nunes emphasizes the mission of Truth Social as a platform for free expression outside Big Tech's control.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.1%
Tags
acquisition
Stock DWAC logo
Digital World Acquisition Corp

Nasdaq:DWAC

DWAC Rankings

N/A Ranked by Market Cap
#2888 Ranked by Stock Gains
N/A Ranked by Dividends

DWAC Stock Data

1.86B
29.98M
0.84%
1.19%
Shell Companies
Financial Services
Link
United States
Miami

About DWAC

DWAC is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.