Trump SPAC partner Digital World Acquisition Corp (DWAC) soars 32% to start week

DWAC stock trades above $23 in pre-market.Digital World Acquisition Corp

DWAC needs 65% of its shareholders to vote in favor of extending the deal for another year, up until September 8, 2023, to be precise. Back in September when the initial vote was scheduled, the SPAC only had 43% of shareholders voting in favor. The problem is that a large percentage of DWAC shareholders are individual investors who do not pay attention to details like proxy votes. Getting in touch with so many individuals is tedious work.

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