Digital World Acquisition Corp (DWAC) Nears $50M Convertible Note Deal - Reuters

February 8, 2024 3:21 PM EST
(Updated - February 8, 2024 3:23 PM EST)

Digital World Acquisition Corp (NASDAQ: DWAC) Nears $50M Convertible Note Deal - Reuters

  • Digital World Acquisition Corp is nearing a $50 million financing deal, according to people familiar with the matter.
  • The deal is based on convertible notes and will help fund DWAC.
  • Investment firms Anson Funds, All Blue Capital and Mangrove Capital Partners have offered to buy the convertible notes on offer.
  • The deal could be announced in the next few days.

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