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home / news releases / BENEW - DWAC sister SPAC Benessere Capital halted for news pending

BENEW - DWAC sister SPAC Benessere Capital halted for news pending

Benessere Capital Acquisition Corp. Warrant
Benessere Capital Acquisition (NASDAQ:BENE), the SPAC that is run by Patrick Orlando, who is also behind the Trump's media deal with SPAC Digital World Acquisition (NASDAQ:DWAC), has been halted for news pending. Another SPAC run by Orlando, Yunhong International Co. (NASDAQ:ZGYH), on Friday disclosed in an 8-K filing that it plans to dissolve and liquidate after it was unable to consummate a deal within the required timeframe. Benessere Capital (NASDAQ:BENEW) warrants initially jumped on the Digital World (DWAC) deal with Trump back in October. Orlando's dealings with Trump have come under scrutiny in the wake of a New York Times article last month that claimed there might be potential violations of securities laws in regard to the DWAC SPAC. Last week Sen. Elizabeth Warren (D-MA) sent a letter to SEC Chairman Gary Gensler  requesting that the agency investigate the transaction.

For further details see:

DWAC sister SPAC Benessere Capital halted for news pending
Stock Information
Company Name: Benessere Capital Acquisition Corp. Warrant
Stock Symbol: BENEW
Market: NASDAQ
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