Digital World Acquisition Corp, the blank-check acquisition company that has agreed to take former U.S. President Donald Trump's social media platform public, is nearing a $50 million financing deal, people familiar with the matter said on Thursday. The deal, which could be announced in the next few days, is based on convertible notes and will help fund DWAC while it tries to complete its merger with Trump Media & Technology Group (TMTG), owner of social media platform Truth Social, the sources said. DWAC shares ended trading on Thursday up 4.4% at $47.66 on the news.
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Y.D. More Investments Ltd cut its holdings in DLocal Limited (NASDAQ:DLO – Free Report) by 22.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,053 shares of the company’s stock after selling 871 shares during the quarter. Y.D. More Investments Ltd’s holdings […]
Grupo Televisa, S.A.B. (NYSE:TV – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target […]