Contrarian Corpus
Kerrisdale Capital vs. Digital World Acquisition Corp

Digital World Acquisition Corp · DWAC

1 deck published between 2022-04-01 and 2022-04-01 — 27 pages, 27 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2022-04-01 initial thesis

    2022 04 Digital World Acquisition Corp DWAC

    27pp · research_note

    DWAC's $8bn pro-forma SPAC merger with Trump's TMTG will never close because the SEC is actively investigating it and can kill the deal via a stop order — fair value is the $10 trust cash (-80%).