Digital World Acquisition Corp. (DWAC) Stock Jumps As U.S. Congressman Nunes Leaves to Head Trump Media

December 6, 2021 5:52 PM EST

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Trump Media & Technology Group, which is merging with SPAC Digital World Acquisition Corp. (Nasdaq: DWAC), made an announcement today, according to which Congressman Devin G. Nunes, who is currently a sitting U.S. House Representative, representing California’s 22nd congressional district, will join the company as the CEO in January 2022.

According to Nunes, the time has come to reopen the Internet and allow for the free flow of ideas and expression without censorship, adding that he is humbled to lead the mission and the world-class team to deliver on this promise.

Shares of Digital World Acquisition Corp. jumped 8.5% after-hours amid the news.

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