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Digital World Acquisition Corp. (DWACW)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
2.5400-0.0700 (-2.68%)
At close: 03:58PM EDT
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Neutralpattern detected
Previous Close2.6100
Bid13.4500 x 1300
Ask13.5400 x 1100
Day's Range2.5100 - 2.6600
52 Week Range2.5100 - 2.6600
Avg. VolumeN/A
Market CapN/A
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A

    Hedge funds and C-suites: Trump-linked DWAC fires CEO | Pro Recap

    Digital World Acquisition (NASDAQ:DWAC), fired Patrick Orlando from his positions as Chairman and CEO of the company, according to the Wednesday filing. Orlando, who, together with his other company ARC Global Investments, owns 10% of DWAC, remains a director of the company. Eric Swider, another director, was appointed to serve as interim chief executive while the board works on executing a final succession plan.

  • Investor's Business Daily

    DWAC Stock Climbs As N.Y. Grand Jury Puts Off Trump Case

    Digital World ousted its chief executive as Trump's legal challenges approach a critical juncture. DWAC stock fell Wednesday.

  • Financial Times

    Trump media Spac dismisses CEO and confronts delisting threat

    The blank-cheque company that plans to take Donald Trump’s media business public has ousted its chief executive, deepening tumult inside a company that has been threatened with stock exchange delisting over unpaid fees. Digital World Acquisition Corporation has lost 87 per cent of the $3.6bn valuation it commanded after announcing in October 2021 a deal to merge with Trump Media & Technology Group, which operates his Truth Social platform. Since then, the special purpose acquisition company missed several deadlines for securing shareholder votes needed to proceed with the deal and resorted to borrowing millions of dollars from its own sponsors in a last-ditch effort to keep it alive.