I didn't say Trump does, but this is a Trump venture.
While it’s clear that DWAC may be struggling to get enough votes to pass (likely due to the high concentration of retail holding the name), don’t be surprised if the sponsor bites the bullet and pays up for the extension rather than letting the SPAC liquidate. With DWAC shares ~$23, a $10 liquidation would likely cause pain for the majority of stockholders.
https://www.boardroomalpha.com/spac-daily-dwac-extension-vote-looms/
I didn't say Trump does, but this is a Trump venture, doomer.
While it’s clear that DWAC may be struggling to get enough votes to pass (likely due to the high concentration of retail holding the name), don’t be surprised if the sponsor bites the bullet and pays up for the extension rather than letting the SPAC liquidate. With DWAC shares ~$23, a $10 liquidation would likely cause pain for the majority of stockholders.
https://www.boardroomalpha.com/spac-daily-dwac-extension-vote-looms/