Also read: Donald Trump to own nearly 80 million ‘DJT’ shares DWAC’s stock ran up $13.01, or 35.2%, to close at $49.95 ahead ...

Here's what investors need to know about the SPAC intended to take his company public. DWAC stock recently soared on the possibility of former President Trump running for another term in 2024.

It’s been a long time coming. The reverse-merger agreement, in which DWAC would take privately held Trump Media & Technology Group Corp. public, was first announced on Oct. 20, 2021. It has been ...