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 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 (formerly Kingswood Capital Markets)
CO-Managers -
Expected To Trade: 9/3/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change