Digital World Acquisition Corp (NASDAQ:DWAC) was one of the hottest SPACs in the world when it announced an acquisition deal with Donald Trump's Truth Social. But the deal is under pressure now that investors in a $1 billion PIPE financing deal are starting to back out. This video covers the recent news and why this SPAC may be in a downward spiral.
*Stock prices used were end of day prices of Sept. 27, 2022. The video was published on Sept. 27, 2022.
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