Former President Donald Trump speaks during the National Rifle Association (NRA) annual convention at the George R. Brown Convention Center in Houston on May 27, 2022. Brandon Bell/Getty Images
Digital World Acquisition Corp., a special purpose acquisition company tied to former President Donald Trump, on Friday filed for a resale of up to 100 million shares by existing investors.
Shares of the company fell 5.6 percent to $42.39 after the SPAC also said it will not receive any proceeds from the offering.
