TRADING QUOTES 12:46 AM April 27, 2024
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IPO Terms Details
Business Combination
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SEC Filings
SPAC Name : Digital World Acquisition Corp. *
| Total Public Proceeds at IPO($mm): | 287.5 |
| %Held in Trust: | 102.0 |
| $Held in Trust per Unit: | $ 10.20 |
| Mgmt's Sector Expertise/Focus: | TMT |
| IPO Date: | 2021-09-03 |
| Months to Complete: | 12 |
| Deadline Date: | 2024-06-08 |
| Unit Structure (DWACU) | |
| Share (DWAC): | 1 Share Class A Common Stock |
| Warrant (DWACW) | 1/2 Warrant |
| Right() | |
| Public Warrant Terms: | |
| Exercise Price: | 11.500000000 |
| Redemption Price: | Cash/Cashless: $18.00 |
| Redemption: Cash, Cashless or for Shares | Mgmt's Discretion |
| Underwriters: | |
| Book-runner(s): | EF Hutton |
| Co-Manager(s): | |
| Fees (Upfront/Deferred): | 1.3%/3.5% |
| Lawyers: | |
| Issuer's Counsel: | Paul Hastings LLP |
| Underwriter's Counsel: | Nelson Mullins Riley & Scarborough LLP |
| Additional Terms: | Crescent Term: $9.20, Limitation on redemption rights: 15%, 6 month lockup on Founder shares_ or with VWAP > $12.00 for 20 of 30 days, FPA: Up to 11 QIB's can purchase 2.075M Units each (91.3% of Total), May extend 2x for 3 months each by contributing $0.10 per share to trust |
SPAC Name: Digital World Acquisition Corp. *
| CURRENT FUNDS in TRUST: | $0* |
| EST. PRO RATA AMOUNT IN TRUST: | $10.87* |
| IMPLIED ENTERPRISE VALUE: | $875 million |
| RECORD DATE: | TBD |
| SHAREHOLDER VOTE DATE: | TBD |
| SPAC NameSource: SEC.gov filings and SPAC Insider estimates | |
|---|---|
TRADING QUOTES Business CombinationIPO Terms Details SPAC name: %spacname% CURRENT FUNDS in TRUST: $%ending_trust_ball%* EST. PRO RATA AMOUNT IN TRUST: $%implied_cash_per_share%* IMPLIED ENTERPRISE VALUE: %impliedenterprisevalue% RECORD DATE: %businesscombinationrecorddate% SHAREHOLDER VOTE DATE: %businesscombinationshareholdervotedate% Source: SEC.gov filings and SPAC Insider estimates SPAC name: %spacname% Total Public Proceeds at IPO ($mm): %total% % Held in Trust:
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