Digital World Acquisition Corp.
General Information | |
Business: | We intend to focus our search on middle-market emerging growth technology-focused companies in the Americas, in the SaaS and Technology or FinTech and Financial Services sectors. Our management team is led by Patrick Orlando, our chairman and CEO, who has served many executive roles in Finance over a 25-year career. He has been involved in special purpose acquisition corporations (“SPACs”) at several levels – as an executive, a sponsor and a director – in several SPACs, including Yunhong International (Nasdaq: ZGYH), Benessere Capital Acquisition Corporation (Nasdaq: BENE) and Maquia Capital Acquisition Corporation (Nasdaq: MAQC). Our CFO, Luis Orleans-Braganza is a businessman and a member of Brazil’s National Congress, originally elected in 2018, representing the state of São Paulo. He founded Zap Tech in February 2012 and remained there until 2015, during which time Zap Tech developed a mobile payment platform. As the CEO, he was responsible for all aspects of product design, geo localization and payment protocols. In August 2005, he founded IKAT do Brasil, an automobile and motorcycle company that developed new automotive technology in ignitions. He began his career in the United States, where he acquired experience in planning, finance and mergers and acquisitions. (Note: Digital World Acquisition Corp. downsized its SPAC IPO at pricing on Sept. 2, 2021, to 25 million units, down from 30 million, at $10 each to raise $250 million. In an S-1/A filing dated July 8, 2021, Digital World Acquisition had tripled the deal’s size to 30 million units from 10 million in its initial filing.) |
Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2020 |
Contact Information | |
Address | 78 SW 7th Street Miami, Florida 33130 |
Phone Number | (305) 735-1517 |
Web Address | |
View Prospectus: | Digital World Acquisition Corp. |
Financial Information | |
Market Cap | $338.24mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | DWACU |
Exchange | NASDAQ |
Shares (millions): | 25.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $250.0 mil |
Manager / Joint Managers | EF Hutton |
CO-Managers | - |
Expected To Trade: | 9/3/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |