As previously reported by Digital World Acquisition Corp., a Delaware corporation ("DWAC"), on Current Reports on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on October 21, 2021 and October 26, 2021, DWAC is a party to an Agreement and Plan of Merger, dated as of October 20, 2021
The SPAC itself was created by Patrick Orlando, who is with ARC Global Investments, in January with an initial investment of only $25,000 when he received Founder Shares. These Founder Shares were subsequently converted into 5.49 million class A shares, which gives him a $0.0045537 cost basis per class A shares. (Current market value of $517 million, using $94.20 per DWAC share price.) He also made additional purchases of $11,334,840 worth of units and has 17.8% voting power according to a September 8 13D.
The "lock-up" period for his shares is six months after the initial business combination (starting date is the date of the Super 8-K filing), but if the average price per share is above $12 for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial business combination, he can then sell his shares.
Invest into funeral homes and services, there’s a few publicly traded stocks that have been moving decently but then again you have to trust this market.
Otherwise; I think therapeutics perhaps. I can’t point you in the right direction as far as that goes specifically.
Just some thoughts.
Thank you for taking your time to help explain, patriot.
I currently hold all my shares on WeBull. I’ve been researching Reddit and others experience. I also have a Fidelity account; but unfortunately do not hold any GME shares there. Hoping I can make the transfer smooth without transferring my portfolio to Fidelity first. Although I have considered this anyways. All of you are the GOATs.
Appreciate all of you!
Do you have any technical insight other than just gut feeling? I’m honestly just rather curious. I had some shares during the first big run and 2nd. Ever since I’ve been tempted to get back in but the trillions that these hedge funds manage and the obvious fraud being exposed.. has me wanting to invest in real estate.
In the unrighteousness assumption that you agree with this author; without giving your own context on why you shared. This is quite the run-on sentence without any reference; leads me to be a contrarian myself of the message.
Without any indication of your support of this context you shared; I can only assume without reference that this is what it is—- copy & pasted.
In conclusion, I may wonder why.. if ever someone would leave such a descriptive plagiarized message without a constructive view in such type of forum. Wildly negative.
That’s the repercussions of betting what you can’t afford to lose rather than investing it.