Donald Trump was accused of receiving at least $7.8 million in foreign payments to his businesses during his presidency, per a report published by Democrats on the House Oversight Committee on January 4.
Joe Raedle via Getty Images
Digital World Acquisition has soared as much as 239% since Donald Trump won the Iowa caucus last week.
The SPAC is hoping to merge with Trump's Truth Social, though a deal has been elusive.
Shareholders of Digital World Acquisition approved a one-year extension for the deal to get done.
The SPAC saw its stock price soar from about $17 last week before the Iowa caucus results to as high as $58.66 on Tuesday, as it is looking increasingly likely that Trump will secure the Republican Party's 2024 nomination for president.
Since going public in 2021, Digital World Acquisition has been seeking a merger with Trump's Truth Social media platform. But a deal has proven elusive, and there is no indication that a merger between the two companies will occur anytime soon.
In September, Digital World investors approved a one-year extension for the SPAC to complete the deal with Truth Social. The company has nine months left, otherwise it will have to return the funds it raised from investors when it went public.
The resurgence in Digital World Acquisition has brought it back to its meme-stock glory days. The stock traded above $100 shortly after its SPAC debut in late 2021 and early 2022, but then floundered to as low as $12.40 per share in 2023.
Trump's next election challenge is underway with the New Hampshire primary on Tuesday. The former president is facing former South Carolina Governor Nikki Haley. Recent polls have indicated that Trump is likely to win the state.
Brütal Legend is free in honor of Ozzy Osbourne, but only for 666 minutes
Microsoft warns of 'active attacks' on its government and business server tech, with one cybersecurity expert claiming that they should 'assume that you have been compromised'
Краткая биографическая справка о центральных персонажах Mafia: The Old Country
The dairy industry would like Gen Z to drink more milk, so they made a Fortnite diner tycoon game
Он не любил, когда наполовину: каким был Владимир Высоцкий
«С детства было ясно, что растет большой артист»: мать Тимати высказалась о популярности сына
Девушка Рая отреагировала на использование ее лица во время выступления Элджея
Рискнул на 100 тысяч рублей: инженер из Смоленска купил более 1,7 тысячи лотерейных билетов и выиграл автомобиль от «Национальной Лотереи» и РОЛЬФ на VK Fest
Рискнул на 100 тысяч рублей: инженер из Смоленска купил более 1,7 тысячи лотерейных билетов и выиграл автомобиль от «Национальной Лотереи» и РОЛЬФ на VK Fest
По итогам первого полугодия 2025 года предприятия «ЛокоТех-Сервис» отремонтировали более 1 тыс. секций локомотивов сверх плана и повысили качество сервисного обслуживания
Кайрат Бермуканов поддержал Петра Яна перед боем в Абу‑Даби
Акция «Каникулы с Росгвардией» продолжается в Чеченской Республике