There are merely a hand full of posters on this board that realize DWAC is SPAC. With the sole purpose of taking its Target Company Truth Social from a private company to a public trading company through a business combination merger. All Spaces have a set value of $10.00 per share, which is the needed amount of money in order to complete the merger once it’s approved by the SEC. Everything over the $10.00 share price is more attractive (a bonus) and is actually icing on a cake, or lipstick on a pig. Most SPAC stocks never make it to $20/share prior to their merger. After the merger is when the operating company can launch and become a big deal as a publicly traded stock. Until then it’s just a shell.$Digital World Acquisition Corp(DWAC)$
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Yeah