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Benzinga
Benzinga
Business
Chris Katje

Trump SPAC Merger Deal Includes Provisions For 'Material Disruptive Events' Like A Presidential Run And Prison Time

One of the most talked about SPAC mergers of all time saw shares surge in valuation and demand and brought interest back to the SPAC market. A filing shows some provisions for the SPAC merger based on its well-known namesake leader.

What Happened: Trump Media & Technology Group announced a merger with Digital World Acquisition Corp (NASDAQ:DWAC) in a deal valuing the new company at up to $1.7 billion.

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