Time to short again? DWAC, the SPAC seeking to take Trump’s TMTG public, settled fraud charges with the SEC for $18M; shares jumped more than 50% on the news https://www.cnbc.com/2023/07/21/trump-linked-dwac-soars-50percent-after-sec-fraud-settlement-.html?utm_source=substack&utm

Todd Smith

2 years ago

shared a link post in group #REAL Truth

Time to short again?  DWAC, the SPAC seeking to take Trump’s TMTG public, settled fraud charges with the SEC for $18M; shares jumped more than 50% on the news 

cnbc.com/2023/07/21/trump..

www.cnbc.com

Trump Media merger partner DWAC soars 50% after SEC fraud settlement

Stock of Trump-affiliated Digital World Acquisition Corp. soared more than 50% on Friday after the company reached a fraud settlement with the SEC.