DWAC merger vote begins soon (likely THIS week) and concludes on March 22,2024! It's the LAST step before becoming new stock market ticker symbol "DJT"
(finance.yahoo.com)
LET'S GOOoOoooo!!!
Is DWAC a SPAC to fund Trump Media & Technology Group, or is it actually something MUCH larger? The research that @edwinbarnesc on X does suggests that it’s the latter.
We will likely see some exposure of the "fake share" creation being used to naked short with $DWAC/$DJT. Big part of the float is likely already locked by individual investors (I estimate at least 30%). Trump haters are staying away, so more for anons. I estimate only 1.17 shares available for purchase if just 25% of 2024 Trump supporters (~25M people) want to buy (not including warrants).
Note that relatively small number of actual shares and the very small % controlled by institutional investors. Now we just need individuals to DRS their shares over to Continental to remove those shares from custodial control: https://continentalstock.com