Reply To: Traders Market Weekly: Thanksgiving, a Time for Reflection

#47986
Truman
Participant

Corporate events:

It is a very light list of events in the week ahead due to the Thanksgiving holiday in the U.S.

The headliner may be the Digital World Acquisition Corp. (DWAC) shareholder meeting set for November 22 to vote on extending the period of time for completing a SPAC deal. DWAC CEO Patrick Orlando has reportedly been calling investors with as few as 20 shares to convince them to vote in favor of a one-year extension to complete a transaction.

Shares of DWAC are down more than 75% from their high in March.

Shareholders with Angel Pond Holdings (NYSE:POND) are also scheduled to vote on November 22 on the deal to take open source database software player MariaDB public in a SPAC deal.