DWAC: Trump SPAC, growth stock, election tool?
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DWAC: Trump SPAC, growth stock, election tool?
5 January 2022
What readers said about this report
NasdaqGM-listed Digital World Acquisition Corporation has agreed to merge with Trump Media & Technology Group, the privately held media company created by former US president, Donald J. Trump.
The new entity intends to offer a free-speech, non-cancellable and non-woke media platform that comprises social media, pay TV, and podcasts. The first product is envisaged to launch in Q1/2022.
This company could have a golden opportunity in media – and this opportunity can probably only be unlocked by a Donald Trump, at this particular point in time, and using a US-listed company.
Does that sound too optimistic?
Other investors have just staked USD 1bn in cash on this company. Also, the stock was the #1 best-performing IPO in the US in 2021. This is a serious undertaking. Disregard it at your own risk – just as people did when Trump came down the elevator and ran against 17 other candidates.
Over the next few months, there'll probably be a few surprises coming out.
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What readers said about this report
Gene G.
January 2022
Intriguing report on DWAC too. Not sure I have the balls for that one, though!
Report updates
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1 December 2022
Report Update (PDF - 0.1MB)
2 May 2022
Report Update (PDF - 0.7MB)
