Digital World Acquisition Corp Surges 24% Amid Moves to Acquire Trump Media & Technology Group
In a dramatic turn of financial events, Digital World Acquisition Corp (DWAC) saw its stock rally by an astonishing 24% on Thursday, marking the company's most significant peak in nearly two years. This surge comes in the wake of the special purpose acquisition company (SPAC) announcing that it has successfully navigated through a major regulatory hurdle in its ambitious bid to take Donald Trump's Truth Social's parent company, Trump Media & Technology Group, public. However, amidst these developments, DWAC has also shed light on a new potential complication that could impact the fruition of this high-profile deal.
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