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re: DWAC - Trump backed media SPAC
Posted on 1/6/22 at 3:27 pm to Retrograde
Posted on 1/6/22 at 3:27 pm to Retrograde
What's the differance between DWAC AND DWACW?
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(Bloomberg) -- The blank-check company set to bring Donald Trump’s media company public rallied along with other stocks tied to the former president after news his social media app is close to making its debut.
The Truth Social network app, a piece of Trump’s plans for a media and tech empire, is expected to be available starting Feb. 21, according to a posting in Apple’s App Store. Shares of Digital World Acquisition Corp., the company set to merge with Trump Media & Technology Group, spiked 20% after the posting circulated in chatrooms and social media.
CF Acquisition Corp. VI, a blank-check firm set to bring Rumble Inc. public, also rose. Rumble and Trump Media have inked a tech and cloud services agreement for Rumble to deliver video and streaming for Truth Social. Shares of the SPAC rallied as much as 4.1%, extending a four-day winning streak.
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(Bloomberg) -- The blank-check company set to bring Donald Trump’s media company public rallied along with other stocks tied to the former president after news his social media app is close to making its debut.
The Truth Social network app, a piece of Trump’s plans for a media and tech empire, is expected to be available starting Feb. 21, according to a posting in Apple’s App Store. Shares of Digital World Acquisition Corp., the company set to merge with Trump Media & Technology Group, spiked 20% after the posting circulated in chatrooms and social media.
CF Acquisition Corp. VI, a blank-check firm set to bring Rumble Inc. public, also rose. Rumble and Trump Media have inked a tech and cloud services agreement for Rumble to deliver video and streaming for Truth Social. Shares of the SPAC rallied as much as 4.1%, extending a four-day winning streak.
1
Posted on 1/6/22 at 3:49 pm to ItzMe1972
DWACW is a warrant to buy a share of DWAC at a specified price.
quote:
Each whole warrant entitles the holder thereof to purchase one share of our Class A common stock at a price of $11.50 per share
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