Is that DWACU??? I am only showing
DWAC
DIGITAL WORLD ACQUISITION CORP CLASS A COM
$48.555+38.595 (+387.50%)
DWACU would be one share of the SPAC plus an attached warrant.
DWAC would be one share without the warrant.
DWACW would be the warrant alone.
Warrants typically exercise at a price of $11.50. When a stock/SPAC trades above $11.50 the stock and warrant will move up dollar for dollar. And because warrants are much cheaper to purchase you can end up with astounding returns on your investment. And if you buy them at the wrong time you can also lose astounding amounts.