Donald Trump Will Still Run For President If Convicted, And Right Now That's Perfectly Legal
Portfolio Pulse from Chris Katje
Despite facing multiple indictments, former President Donald Trump has confirmed his intention to run for president in 2024. The U.S. Constitution does not prevent a convicted individual from running for or winning the presidency. Trump's potential incarceration is also included in provisions related to his SPAC deal with Digital World Acquisition Corporation (NASDAQ:DWAC). The SPAC merger filing states that a 'material disruptive event' such as Trump running for public office or being convicted of a felony would not change the company's ownership.
July 28, 2023 | 7:06 pm
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NEUTRAL IMPACT
Trump's potential legal issues and his 2024 presidential run could bring increased attention to Digital World Acquisition Corporation (DWAC), potentially impacting its stock price.
The news about Trump's potential legal issues and his intention to run for president in 2024 could bring increased attention to DWAC, the company he is involved with. This could lead to increased volatility in DWAC's stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75