DWAC - Trump-Linked Digital World Stock Is Rising Monday: What's Going On? | Benzinga
Digital World Acquisition Corp (NASDAQ:DWAC) shares are trading higher Monday. The company announced late last week that shareholders approved its proposed merger with Trump Media & Technology Group Corp.
What To Know: After the market close on Friday, Digital World announced that its proposed merger with former President Donald Trump’s Trump Media & Technology Group Corp has been approved by shareholders.
The company noted that “the vast majority” of votes cast at its shareholder meeting were in favor of approving the business combination.
Following the completion of the business combination, Trump Media & Technology Group Corp will continue as the surviving corporation and begin trading on the Nasdaq under the ticker symbols “DJT” and “DJTWW.”
“We are immensely grateful to our stockholders and our working group for their continued trust ...