Trump Media Warned Investors About the Risks of a Guilty Verdict. They Aren't Listening.
Digital World Acquisition (DWAC) Investor Place·2024-06-18 01:58
On March 25, 2024, even as former President Donald Trump faced criminal charges and 90 indictments, the Trump Media & Technology Group (NASDAQ:DJT) merged with the special purpose acquisition company (SPAC) Digital World Acquisition Corp (DWAC) and began trading. This key merger came after months of speculation that the deal wouldn’t happen. Regulatory probes into DWAC and questions about TMTG’s financing resulted in delays, and concerns abounded that one of the companies involved would pull out. Additional ...