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Digital World Acquisition Corp. - $DWAC STOCK NEWS

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

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. (DWAC) and Trump Media & Technology Group Corp. (TMTG) have agreed on an amendment to their Merger Agreement. The amendment extends the Outside Date to December 31, 2023, and allows for mutual supplemental due diligence. The merger aims to capitalize TMTG's Truth Social platform and position TMTG for strategic growth and expansion. The companies are eager to complete the merger and shape the future of digital media.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.04%
Tags
-
Rhea-AI Summary
Digital World Acquisition Corp. settles with SEC fraud charges regarding material misrepresentations in forms filed with the SEC as part of its IPO and proposed merger with Trump Media & Technology Group Corp. DWAC agrees to cease-and-desist order, $18 million penalty, and ensures future filings will be complete and accurate. CEO expresses eagerness to move forward with the merger and urges shareholders to approve an extension of the liquidation date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
50.3%
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none
-
Rhea-AI Summary
Digital World Acquisition Corp. (DWAC) announces the appointment of Eric Swider as Chief Executive Officer. Swider has been serving as the Interim CEO since March 19, 2023. The Chairman of the Board congratulates Swider and highlights his ability to guide the company towards a successful business combination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.74%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.25%
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none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.79%
Tags
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.