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 sector.

Our management team is led by Mr. Patrick Orlando, our Chairman and CEO, who has served many executive roles in Finance over a 25-year career. Mr. Orlando’s experience covers all aspects related to special purpose acquisition corporations (“SPACs”) as he has been involved as Executive, Sponsor and Director in several SPACs including Yunhong International (Nasdaq: ZGYH), Benessere Capital Acquisition Corporation (Nasdaq: BENE) and Maquia Capital Acquisition Corporation (Nasdaq: MAQC). Over his career, Mr. Orlando has developed an extensive network and we believe his knowledge and exposure on a global scale will enable us to locate and attract potential targets.

Our CFO, Mr. 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 which 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. Mr. Braganza was part of the sales and operations planning effort of Companie de Saint-Gobain, a French multinational, between January 1994 and December 1996. Later he extended his financial experience at JP Morgan’s investment banking division in London and at Lazard Frères in New York. From April 2000 to May 2005, he was a director at Time Warner’s, AOL Latin America division, where he was responsible for managing strategic alliances with media and telecom players in multiple countries. Mr. Braganza earned a degree in Business Administration from the Fundação Armando Álvares Penteado. 

(Note: Digital World Acquisition Corp. tripled the size of its SPAC IPO to 30 million units, up from its initial size of 10 million, at $10 each, in an S-1/A filing dated July 8, 2021.)

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 $388.24mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol DWACU
Exchange NASDAQ
Shares (millions): 30.0
Price range $10.00 - $10.00
Est. $ Volume $300.0 mil
Manager / Joint Managers EF Hutton (formerly Kingswood Capital Markets)
CO-Managers -
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change