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Digital World Acquisition Corp. (DWACW)
Chart Events
Performance Outlook
| Previous Close | 2.6100 |
| Open | 15.3500 |
| Bid | 13.4500 x 1300 |
| Ask | 13.5400 x 1100 |
| Day's Range | 2.5100 - 2.6600 |
| 52 Week Range | 2.5100 - 2.6600 |
| Volume | |
| Avg. Volume | N/A |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Investing.com
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.
