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The Latest Breaking News from Digital World

DWAC Stock Climbs As N.Y. Grand Jury Puts Off Trump Case

Digital World ousted its chief executive as Trump's legal challenges approach a critical juncture. DWAC stock fell Wednesday.

Investors Business Daily

First Thing: Moscow told to respect international airspace after US drone crash

UK defence secretary responds after US denounces crash as ‘unsafe and unprofessional’. Plus, inside the controversial world of Pornhub

The Guardian - UK

Federal investigators examined Trump Media for possible money laundering, sources say

New York prosecutors expanded criminal inquiry of company last year and examined acceptance of $8m with suspected Russian ties

The Guardian - US

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Stock Market Can't Find Mojo; Trump's Truth Social Stock In Peril

Stock market indexes struggled in the first half of Tuesday's session. Zoom Video rally eased Cathie Wood's ARK fund losses.

Investors Business Daily

Trump's return to Facebook could be major fundraising boost

Meta's decision to soon reinstate Donald Trump’s Facebook account comes at a critical moment as the former president tries to gain momentum in what has been widely derided as a lackluster start to his third bid for the White House

The Independent UK

Digital World Stock Slides As Donald Trump Gets Twitter Invite From Elon Musk Ahead of Merger Extension Vote

Former President Donald Trump has been invited back onto Twitter just days ahead of a key shareholder vote to keep his Truth Social merger, and Nasdaq listing, from collapse.

The Street

Digital World Acquisition Corp Is By Far The Most Shorted SPAC: The Other Top SPACs Short Sellers Are Targeting

Digital World Acquisition Corp (NASDAQ: DWAC) shares plunged 20.1% on Wednesday morning after Republican candidates endorsed by President Donald Trump performed poorly

Benzinga

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'See The Problem?': Short Seller Jim Chanos Rips Into Trump's DWAC Stock Valuation Amid Share Spike

A leading short seller is warning investors to remain cautious on one of Monday's the top stock gainers. Here’s a look at one of the biggest stocks related to Donald Trump and why it’s moving and what could be next.

Benzinga

Google is now distributing Truth Social, Trump's Twitter alternative

It is an about-face for the tech giant, which had blocked Trump's social media app from Google Play, its app store, over content that can incite violence.

WEKU

Key shareholder vote on Truth Social delayed, while Trump Media exec gets suspended

The merger between a Miami-based investment company and former President Donald Trump’s media firm remained uncertain Monday, when a critical shareholder vote on a deadline extension was put on hold.

Miami Herald

Another 'Yuge' Setback For Donald Trump's SPAC Merger Deal: Will The Deal Fall Apart?

A SPAC set to take former President Donald Trump’s new media company public is facing another setback as it moves closer to liquidation.

Benzinga

Behind the scenes of how Trump’s Truth Social was born, and how it could fall apart

Former President Donald Trump’s quest to establish a Florida-based social media platform as a conservative alternative to Twitter will face a critical vote on Monday when investors decide whether to extend a deadline allowing more time for the federal government to sign off on the deal.

Miami Herald

DWAC Stock Falls As Trump Merger Deadline Vote Is Delayed Once Again

DWAC stock dropped Friday as the beleaguered SPAC seeks a deadline extension to complete its merger with Donald Trump's social media platform.

Investors Business Daily

Trump's Potential Return to Twitter Under Musk Hits Digital World

Digital World Acquisition, a company attempting to merge with former President Donald Trump's media group Truth Social, faces a new challenge.

The Street

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The Street

Donald Trump Makes a Shocking Return to a Very Select List

Former president claws his way back onto an important list, just don't tell the New York Attorney General.

Benzinga

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Benzinga

Trump-Linked SPAC's Investors Clamor For Better Deal As Time Runs Out: What It Means For DWAC And Truth Social

Digital World Acquisition Corporation (NASDAQ: DWAC), the SPAC that is set to merge with Donald Trump's company that owns the Truth Social platform, is reportedly facing pressure from investors amid its failure to complete the deal.

The Guardian - US

Is Truth Social another of Trump’s bungled businesses?

Dogged by an SEC investigation, the platform may be more of a campaign tool than a sound investment, analysts say

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The Street

Digital World Gets Short Extension For Trump Media, Truth Social Merger

"The SEC has needlessly delayed its review of our proposed merger, causing real and unnecessary financial harm to DWAC investors," Trump Media & Technology Group said.

The Independent UK

Trump partner in Truth Social delays key vote on merger

A key decision over whether Donald Trump’s social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month

Benzinga

Trump-Linked Digital World Takes A Hit As Investors Grow Tired Of Merger Delays

Digital World Acquisition Corp (NASDAQ: DWAC) gapped down 21% to start the trading session Tuesday after a report indicated shareholders rejected a one-year deadline extension that the special purpose ac

Investors Business Daily

DWAC Stock Up As Trump SPAC Vote On Merger Deadline Adjourns

DWAC stock rose as Digital World Acquisition said the SPAC's sponsor will extend the Trump merger deadline after investors reportedly voted no.

The Guardian - US

Trouble for Trump’s Truth Social as investors back away from cash boost

Injection of $1.3bn for former president’s media company looks set to be derailed because of lackluster investor support

Salon

Trump Truth Social deal on life support

The blank-check SPAC deal set to infuse over $1 billion into Truth Social may be dead after shareholder vote

The Street

Digital World Acquisition Stock Tumbles Amid Deal Delays With Trump Media, Truth Social

The merger between Donald Trump's media group and Digital World Acquisition could collapse this week without a shareholder-approved extension, Reuters reported Monday.

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