DWAC Stock Rises As Merger With Trump's Social Media Company Nears Closing

digital world acquisition corp. shares surged 15% after revealing progress in merging with trump media and technology group. The Securities and Exchange Commission approved the registration statement, and DWAC plans to announce a voting date for shareholders. CEO Eric Swider expressed pride in the company's advancement, though the merger faced delays and legal challenges, including insider trading allegations against an investor. DWAC's stock has seen strong growth amid Donald Trump's political activities.