BY TYLER DURDEN
FRIDAY, JUL 21, 2023 – 09:16 AM
Digital World Acquisition Corp (DWAC) – the SPAC working to bring Donald Trump’s ‘Truth Social’ media venture public, has exploded over 70% higher this morning in its biggest rally since November after the SEC said it settled fraud charges against the SPAC.
The SEC said late Thursday that DWAC will pay an $18 million fine if it completes the deal with Trump Media & Technology Group.
Please read more at the below link:
https://www.zerohedge.com/markets/mega-maga-squeeze-trump-linked-spac-soars-after-sec-settlement
