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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.

Rhea-AI Summary
Digital World Acquisition Corp. (NASDAQ:DWAC) and Trump Media & Technology Group Corp. announced the filing of Amendment No. 2 to the Form S-4 Registration Statement for their proposed business combination. The Registration Statement has not yet become effective, and the companies expect to consummate the Business Combination in the first quarter of 2024. The CEOs of both companies expressed optimism about the progress and the potential value of the merger.
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Rhea-AI Summary
Digital World Acquisition Corp. (NASDAQ:DWAC) and Trump Media & Technology Group Corp. (TMTG) announced the filing of Amendment No. 1 to the Form S-4 Registration Statement for the proposed business combination. The Registration Statement is a crucial step in the process and provides significant information.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
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Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) has successfully filed its amended and restated Annual Report on Form 10-K with the SEC, which includes restatements of financial statements for fiscal years 2022 and 2021, as well as quarterly periods in 2022. The company expects to submit its Registration Statement on Form S-4 for the potential merger with Trump Media & Technology Group Corp. (TMTG). DWAC's CEO expressed gratitude to the auditor and excitement for the upcoming merger, while TMTG's CEO applauded the milestone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
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Rhea-AI Summary
Digital World Acquisition Corp. and Trump Media & Technology Group announce progress in canceling PIPE commitments
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End-of-Day
-1.99%
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Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp. (TMTG) have agreed on an amendment to their Merger Agreement, extending the time for due diligence. The merger will capitalize TMTG and position it for growth and expansion.
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Digital World Acquisition Corp. extends deadline for completing initial business combination from September 8, 2023 to December 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
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Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) stockholders vote in favor of extending the period for business combination until September 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
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Rhea-AI Summary
Digital World Acquisition Corp. received a notification from Nasdaq stating non-compliance with filing requirements for its quarterly report. The company has an extension until November 20, 2023, to file its First Quarter Form 10-Q. The company must submit an updated compliance plan by September 5, 2023. Failure to regain compliance may result in delisting from Nasdaq.
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Rhea-AI Sentiment
End-of-Day
9.55%
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Rhea-AI Summary
Digital World Acquisition Corp. urgently requests stockholders to vote for the proposal to extend the period of time for the company to complete a business combination. If the extension is not approved, the company will cease operations and redeem 100% of the shares of Class A common stock. The special meeting of stockholders will be held on September 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.67%
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Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) has announced the postponement of its special meeting of stockholders to September 5, 2023. The meeting is for stockholders to consider extending the period of time for the company to complete a business combination. The extension would allow DWAC to consummate a merger, acquisition, or reorganization with one or more businesses and to redeem or repurchase 100% of its Class A common stock. The record date for the stockholders' meeting remains July 10, 2023.
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Rhea-AI Sentiment
End-of-Day
-11.69%
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Digital World Acquisition Corp

Nasdaq:DWAC

DWAC Rankings

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.