DWAC shares soar as merger with Trump social media company appears closer
Digital World Acquisition (DWAC) CNBC·2024-02-16 01:16
This photo illustration shows an image of former President Donald Trump next to a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.Shares of Digital World Acquisition Corp. jumped 15% Thursday morning after the special purpose acquisition company announced Wednesday night that it is close to completing its proposed merger with Trump Media and Technology Group, former President Donald Trump's social media company.The Securities and Exchange Commission declared the ...