Digital World Acquisition Corp.
DWACU
NASDAQ Global Market61.35
USD
+10.08
- -
CIK
0001849635
ISIN
US25400Q2049
CUSIP
25400Q204
Return %
Stock
S&P500
1Y
310.64
18.21
3Y
512.89
63.29
5Y
512.89
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Eric S. Swider
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 78 SW 7th Street Miami FL United States of America 33130
- IPO Date
- Sep 3, 2021
- CIK
- 0001849635
- Website
- dwacspac.com
- Similar Companies
- Business
- Digital World Acquisition Corp. (DWACU) operates as a special-purpose acquisition company, or blank check company, formed in 2020 and headquartered in Miami, Florida, whose sole purpose involves pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more operating businesses; it originally targeted leading companies in technology, fintech, financial services, digital media, social platforms, streaming services, digital advertising, or content creation within the Americas. The company completed its initial public offering in September 2021, raising $250 million through 25 million units traded on Nasdaq, and focused on tech-driven entities with high growth potential amid digital disruption. In March 2024, DWAC finalized its business combination with Trump Media & Technology Group Corp. (TMTG), operator of Truth Social, following shareholder approval on March 22, 2024, and multiple prior extensions including a one-year deferral in September 2023; this merger enabled TMTG to list publicly under the ticker DJT on Nasdaq starting March 26, 2024, marking DWAC's culmination as a SPAC while resolving extended regulatory scrutiny from the SEC, which included an $18 million settlement in July 2023 over pre-IPO merger discussions and filing revisions.