- On October 26, a merger agreement between Digital World Acquisition Corp and Donald Trump was filed with the SEC.
- Trump could receive up to 125.78 million shares, before deducting the impact for his company's incentive plan, or about $8.18 billion using the current stock price of $65.
- The total number of shares outstanding of the merged company could be as high as 177.7 million, before any additional shares from potential PIPE financing.
- Waiting for the pro forma financial statements to be filed, before determining the shares' appropriate valuation.
For further details see:
DWAC: Details Of The Newly Filed Merger Agreement Between Digital World Acquisition And Trump