DWAC is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Company profile
Ticker
DWAC, DWACU
Exchange
Website
CEO
Patrick Orlando
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Alphabet • Meta Platforms • Rackspace Technology • IHS Markit • Sabre • IAC • Baidu • Bumble • Match • Twitter ...
SEC CIK
Corporate docs
IRS number
854293042
DWAC stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
3 Jan 23
8-K
Digital World Acquisition Corporation Confirms Extension
19 Dec 22
8-K
Departure of Directors or Certain Officers
15 Dec 22
425
Business combination disclosure
1 Dec 22
8-K
Digital World Acquisition Corp. Announces Voting Results of Special Meeting to Approve the Extension Amendment
29 Nov 22
10-Q
2022 Q3
Quarterly report
21 Nov 22
8-K
Departure of Directors or Certain Officers
16 Nov 22
NT 10-Q
Notice of late quarterly filing
14 Nov 22
DEFA14A
Additional proxy soliciting materials
14 Nov 22
DEFA14A
Additional proxy soliciting materials
7 Nov 22
Latest ownership filings
SC 13G/A
D. E. SHAW & CO, L.P.
14 Feb 22
SC 13G/A
Saba Capital Management, L.P.
14 Feb 22
SC 13G/A
Radcliffe Capital Management, L.P.
14 Feb 22
SC 13G/A
BOOTHBAY FUND MANAGEMENT, LLC
10 Feb 22
SC 13G/A
HIGHBRIDGE CAPITAL MANAGEMENT LLC
27 Jan 22
SC 13G/A
Lighthouse Investment Partners, LLC
10 Nov 21
SC 13G/A
ATW SPAC MANAGEMENT LLC
25 Oct 21
SC 13G
Lighthouse Investment Partners, LLC
8 Oct 21
SC 13D
ARC Global Investments II LLC
24 Sep 21
4
Change in insider ownership
24 Sep 21
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.01 k | 1.01 k | 1.01 k | 1.01 k | 1.01 k | |
| Cash burn (monthly) | 652.00 | 124.47 k | 1.60 mm | 1.05 mm | 48.85 k | |
| Cash used (since last report) | 2.69 k | 513.75 k | 6.61 mm | 4.35 mm | 201.64 k | |
| Cash remaining | -1.68 k | -512.74 k | -6.61 mm | -4.35 mm | -200.63 k | |
| Runway (months of cash) | -2.6 | -4.1 | -4.1 | -4.1 | -4.1 | |
Institutional ownership, Q3 2022
30.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 151 |
| Opened positions | 135 |
| Closed positions | 13 |
| Increased positions | 10 |
| Reduced positions | 5 |
| 13F shares | Current |
|---|---|
| Total value | 160.39 mm |
| Total shares | 9.24 mm |
| Total puts | 4.31 mm |
| Total calls | 3.85 mm |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| ARC Global Investments II | 6.62 mm | $66.37 mm |
| Pentwater Capital Management | 968.58 k | $16.28 mm |
| Susquehanna International | 554.17 k | $9.32 mm |
| NMR Nomura | 285.04 k | $4.78 mm |
| SF Stifel Financial | 148.84 k | $2.50 mm |
| Simplex Trading | 78.92 k | $1.33 mm |
| Citadel Advisors | 54.87 k | $922.00 k |
| Jane Street | 52.52 k | $883.00 k |
| LPL Financial | 44.56 k | $749.00 k |
| Commonwealth Equity Services | 41.00 k | $689.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 8 Sep 21 | ARC Global Investments II | Class A Common Stock | Buy | Acquire P | No | No | 10 | 1,133,484 | 11.33 mm | 1,133,484 |
| 8 Sep 21 | ARC Global Investments II | Class B Common Stock Class A Ordinary Shares | Sell | Dispose S | No | No | 0.003 | 1,650,000 | 4.95 k | 5,490,000 |
| 8 Sep 21 | Patrick Francis Orlando | Class A Common Stock | Buy | Acquire P | Yes | No | 10 | 1,133,484 | 11.33 mm | 1,133,484 |
| 8 Sep 21 | Patrick Francis Orlando | Class B Common Stock Class A Ordinary Shares | Sell | Dispose S | Yes | No | 0.003 | 1,650,000 | 4.95 k | 5,490,000 |
News
Trump Says This Should 'Never Again Happen To A Sitting President' After Meta Restores Facebook, Instagram Accounts
25 Jan 23
What's Going On With Trump SPAC Digital World?
25 Jan 23
'Truth Is Here To Stay: Devin Nunes Puts Rumors Of A Trump Return To Twitter To Rest' - RSBNetwork
23 Jan 23
Stocks That Hit 52-Week Lows On Monday
23 Jan 23
Trump's Return to Facebook, Twitter Could Reportedly Mess Up Truth Social Exclusivity Contract
23 Jan 23
Press releases
Digital World Acquisition Corporation Confirms Extension of Deadline to Complete Initial Business Combination
21 Dec 22
Direct Messaging Comes to Truth Social
19 Dec 22
Digital World Acquisition Corp. Announces Voting Results of Special Meeting to Approve the Extension Amendment
23 Nov 22
Digital World Acquisition Corp. Further Reminds Stockholders to Vote Ahead of the November 22, 2022 Special Meeting
14 Nov 22