The Latest Breaking News from DWAC

Digital World Acquisition Corp (NASDAQ: DWAC) shares are trading lower Monday after the company filed a Form 8-K with the U.S. Securities and Exchange Commission showing it received another subpoena.

The SEC is asking for more information than previously disclosed.

A social media platform from former President Donald Trump was launched with a ton of hype and saw strong downloads initially. A new report shows interest could be waning, which could impact a SPAC.

Perhaps unsurprisingly, The Donald’s Truth Social app has already been derided as a farce. But should we really be writing him and it off, asks Samuel Fishwick

One of the most publicized SPAC merger announcements of 2021 was a deal to take Trump Media & Technology Group public. The merger was aimed at bringing a new player into the social media sector via former President Donald Trump.

Users downloaded Digital World Acquisition Corp (NASDAQ:DWAC) backed Truth Social 170,000 times since its launch, as per research firm Apptopia, Reuters reports. The former U.S. President Donald Trump's new social media venture topped downloads on Apple Inc's (NASDAQ:AAPL) App Store after its late launch on February 20. The special purpose acquisition company (SPAC) stock was also trending…

Digital World Acquisition Corp. (NASDAQ: DWAC) — the SPAC partner of former President Donald Trump’s social media startup — has emerged as the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.

The shares of software company Phunware (PHUN) gained impressive momentum last year on speculation surrounding its possible involvement in former President Trump’s social media platform. However, the stock has retreated nearly 7.5% in price over the past month. In addition, given the company's deficient fundamentals, is it worth betting on…