Digital World Acquisition Corp.

Merged
CIK: 1849635•Ticker: DWAC•Merged Ticker: DJT
Successfully merged with Trump Media & Technology Group Corp. • Now trading as DJT

SPAC Overview

$293M
IPO Size
$311M
Trust (as of 2023-12-31)
Completed
Current Status
2021
IPO Year

Timeline Progress

About

Digital World Acquisition Corp. is a blank-check company seeking to merge with, acquire, or otherwise combine with an unidentified operating business. It intends to focus on middle-market and emerging-growth technology-focused companies in the Americas, particularly in FinTech and Financial Services or SaaS and Technology.

Investment Focus

FinTech, Financial Services, Software, Technology

Geographic Focus

Americas

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

Led by Chairman and CEO Patrick Orlando, whose background includes finance and SPAC leadership, investment banking, and business development. CFO Luis Orleans-Braganza has entrepreneurial, finance, business, and political experience. The directors and nominees bring experience in technology, digital distribution and gaming, venture capital, real estate, hospitality, security, consumer goods, and company building.

Stock Performance

DJT
Trading Symbol
First Trade
September 30, 2021
$16.00
At Merger
March 26, 2024
$57.99
+262%
6 Months Post-Merger
September 25, 2024
$14.13
-76%
1 Year Post-Merger
March 27, 2025
$20.32
-65%
2 Years Post-Merger
March 30, 2026
$8.72
-85%
Current Price
October 1, 2026
$8.79
-45%

Key Information

IPO Date
September 8, 2021
Total Redemptions
$347K
State of Incorporation
FL
SIC
6770
Completion Date
March 25, 2024
SPAC Ticker
DWAC
Merged Ticker
DJT