Digital World Acquisition Corp. shares are trading higher after the company scheduled a shareholder meeting to extend the merger deadline by a year.
Portfolio Pulse from Benzinga Newsdesk
Digital World Acquisition Corp. (DWAC) has scheduled a shareholder meeting to extend the merger deadline by a year. This news has led to an increase in the company's share price.
September 05, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The decision to extend the merger deadline by a year has led to a positive reaction in the market, with DWAC's shares trading higher.
The extension of the merger deadline indicates that DWAC is taking careful steps towards its merger, which the market has perceived positively. This has led to an increase in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100