Digital World Acquisition: Trump Merger Could Close Next Week Bringing Volatility [Seeking Alpha]
Digital World Acquisition Corp. (DWAC)
Company Research
Source: Seeking Alpha
After this, the merger could be closed quickly and the resulting company with stock symbol DJT could commence trading on the Nasdaq next week. The potential media coverage could result in significant volatility and a large price movement. Over the long term, I simply do not see this company becoming a decent investment, but in the short term, traders could make money during upcoming events. The Trump SPAC Digital World Acquisition Corp. ( NASDAQ: DWAC ) is planning on merging with Trump Media & Technology Group. On Friday the 22th, DWAC will hold a meeting of shareholders to vote on the approval. This merger was already announced in 2021, but since then, it has finally received SEC approval . The merger could already happen next week. After approval of its shareholders, shares of Digital World Acquisition Corp., currently traded on the Nasdaq, will trade under the symbol DJT, a reference to the initials of the former president. SPAC mergers usually close within a few days, so
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