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Digital World Acquisition Corp. (DWACW)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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14.34-0.08 (-0.55%)
At close: 04:00PM EDT
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  • W
    William
    In a post on the platform, Nunes also said Truth Social has not yet been approved for launch in the Google Play store for Android devices.

    “End of May we will launch PWA (Web Browser) this will allow access from any device,” Nunes wrote. “After that we will launch an Android App… pending approval from Google!”
  • G
    GTP
    Hmm I posted DWAC up 9% and it was a truth. Yahoo guys deleted it. Interesting
  • m
    michael
    Serious question for anyone familiar with DWAC (likely most are not of course). DWAC and TMTG must merge by September 6th or DWAC will be forced to either request and extension or dissolve the shares. Based on the S-4 filing, DWAC is 100% committed to make that timeline I believe so the only thing not certain is the SEC accepting it at this point. Now to the question since it appears this is on Track for no latter than September.

    Since DWAC states they will issue 89m (85m+ and 3m+) shares to investors for funding with an issuance price of 10.20 per share, who is the person or company getting this insane deal? Seriously if the Investors get nearly 100m shares at roughly 10 dollars and the lockup on those shares is 6 months, WOW.

    Something seems off when considering a discount of 75% to market.

    This is literally a 6 month loan with an interest rate of 75%. I am no Trump fan but I would like a piece of that action. Though I anticipate this stock will sink to or below their issuance price due to dilution, it is very possible it could take beyond the 6 months so risk could be worth it especially when you consider Trump gets 10s of millions of free trading shares right away.

    DWAC got its 300m in cash this way: The
    Units were sold at a price of $10.00 per Unit, generating gross proceeds to Digital World of $287,500,000.

    So we have an easy tracing of the money for DWAC Cash but not for TMTG.

    It appears the TMTG Investors are likely the Trump Corporation. Yes that means they are receiving 4 Billion in shares for the Price of 875m. Meanwhile diluting each share owned by shareholders by 75%.

    Talk about Trump getting away with the sweetest deal in history, this is legal theft from American Citizens to Enrich an out of office President. WOW

    It is jaw dropping that the SEC could even consider this S-4 as a potential when the issuance of billions of dollars in shares is not disclosed. The TMTG investors is based on:

    TMTG was incorporated under the laws of the State of Delaware on
    February 8, 2021

    TMTG is not reporting so again, no way to trace the money.
  • J
    John
    In a regulatory filing Monday, Digital World Acquisition Corp highlighted the bankruptcies of [djt] Taj Mahal, T. Plaza, and T. Castle, and the failures of T. University, T. Vodka, and T. Steaks, among others.
    ?
  • h
    hot-soccer-dad
    I’m interested in buying 100 shares, what is a good price to pay?
  • R
    Red
    Next years news: DWAC to change ticker to DTBK.
  • G
    GTP
    Hello all. Take it easy and enjoy the ride. Be nice to everyone.
  • W
    William
    ..."Truth Social platform, which is set to launch on a web browser at the end of May, Chief Executive Devin Nunes said earlier this month."
  • T
    T
    Truth social available for web already
  • t
    tony
    up 400% since inception! great IPO
  • H
    HonestandSincere
    Wouldn’t it be ironic for all the naysayers if Truth Social turns out to be better than Twitter and does more than that. For this user, it is. Using Truth Social regularly. Barely using Twitter.
  • T
    TM9
    Up 6% because they filed a form. Late. This is like giving a kid an A+ because he finally turned in his homework.
  • K
    Katherine
    NEW — Truth Social Can Now Be Accessed Through Your Browser and/or Android Device!
    Log in here: https://truthsocial.com/
    Going to $55+ by Friday.
  • t
    tony
    LOL only 1% down. shorts have no power here
  • T
    Troy
    Good morning all,
    Hoping everyone a wonderful week trading.
  • J
    Joe
    wonder what top secret documents Donnie took to make profits.
  • b
    brock Lee
    You can’t sell Electric Cars if Gas is affordable… if you don’t think that’s part of what’s going on here, you ain’t paying attention.
  • T
    TM9
    Was there really zero volume just now? Zero?
  • F
    Francisco
    Hope you didn’t buy in at $97.
  • h
    hot-soccer-dad
    I work my 38-40 hours a week and can barley make it now