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DJT News

Trump Media and Technology Group approved for Nasdaq listing; a multi-billion dollar bet on a second Trump term

DJT

Digital World Acquisition (DWAC) shareholders voted on Friday to approve the SPAC’s proposed merger with Trump Media & Technology Group, the company behind Donald Trump’s social media platform Truth Social. The merger values TMTG at an enterprise value of about $1.1 billion at the $10 transaction price, and the combined company...read more

Tech SPAC Digital World Acquisition prices $250 million IPO

DWACU

Digital World Acquisition, a blank check company led by SPAC veteran Patrick Orlando targeting a tech-focused business, raised $250 million by offering 25 million units at $10. The company offered 5 million fewer units than anticipated. It originally planned to offer 10 million units before increasing the offering to 30 million units in July. Each unit consists of one share of...read more

Tech-focused SPAC Digital World Acquisition triples proposed deal size ahead of $300 million IPO

DWACU

Digital World Acquisition, a blank check company led by SPAC veteran Patrick Orlando targeting a tech-focused business, raised the proposed deal size and removed rights from the units for its upcoming IPO on Thursday. The Miami, FL-based company now plans to raise $300 million by offering 30 million units at $10 per unit, with each unit containing one share of common stock and...read more

Tech SPAC Digital World Acquisition files for a $100 million IPO

DWACU

Digital World Acquisition, a blank check company led by SPAC veteran Patrick Orlando targeting a tech-focused business, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The Miami, FL-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock, one-half of a warrant...read more

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