Digital World Acquisition (NASDAQ:DWAC) stock is on the move Tuesday after the company announced a new deadline for June 8 2023.[0] DWAC CEO Patrick Orlando said in a statement that the extension is the third of four three-month extensions permitted under the company’s governing documents.[0] This comes as a result of the support from the stockholders which provided for up to four three-month extensions to provide additional time to continue working diligently on the potential business combination.[1]
Traders need to know about the latest stock market coverage on Tuesday, which includes why shares of Adamis Pharmaceuticals (NASDAQ:ADMP), Tesla (NASDAQ:TSLA), and Palantir (NYSE:PLTR) stock are moving today.[0] All the news is ready to go at the following links.[0]
0. “Dear DWAC Stock Fans, Mark Your Calendars for June 8” InvestorsObserver, 28 Feb. 2023, https://www.investorsobserver.com/news/qm-news/8472653334270615
1. “Trump SPAC Digital World extends combination date to June 8” Seeking Alpha, 28 Feb. 2023, https://seekingalpha.com/news/3941845-trump-spac-digital-world-extends-combination-date-to-june-8