Donald Trumps SPAC Trump shares – a high risk bet on his comeback

Donald Trumps SPAC Trump shares – a high risk bet on his comeback

Donald Trumps SPAC Trump shares - a high risk bet on his comeback

Superlatives are not enough to describe the sales forecasts of the Digital World Acquisition Corp (DWAC). DWAC, that is the SPAC, which wants to bring the newly founded media company of ex-US President Donald Trump to the stock exchange soon. A SPAC (Special Purpose Acquisition Company) is a shell that another company can slip into in order to be listed on the stock exchange by abbreviation.

Although Trump’s media company only plans to earn a modest million dollars in the coming year, the growth that is to come afterwards is only inadequately described with the term “explosive”.