DWAC Stock: Why Digital World Is Up 20% Ahead of Merger Vote

Digital World Acquisition (NASDAQ:DWAC) — the special purpose acquisition company (SPAC) — planning to take Trump Media & Technology Group (TMTG) public sued ARC Global Investments II, its biggest investor. At issue is a critical vote that could determine whether DWAC stock goes through with the proposed business combination.According to a Bloomberg report, the lawsuit — filed in New York state court on Tuesday — represents the latest legal rumbling between Digital World and its former chairman, Patrick Orl ...