https://wccftech.com/after-rising-from-10-to-70-in-just-1-week-trump-linked-spac-digital-world-acquisition-corp-dwac-has-officially-adopted-meme-stock-status/

Digital World Acquisition Corp. (NASDAQ:DWAC), a Special Purpose Acquisition Company (SPAC), has gained tremendous prominence over the past few hours due to its involvement in a venture that is being spearheaded by the former US President, Donald Trump.

To wit, Digital World Acquisition is now slated to merge with the Trump Media & Technology Group (TMTG) in a deal that would value the group at $875 million. The joint press statement notes: