$Digital World Acquisition Corp (DWAC.US)$ Risk isn't a function of certainty - it's a function of underpaying. So if you want to take a new risk today, perhaps consider this SPAC sponsor's other SPACs - $MAQUIA CAPITAL ACQUISITION CORP UNIT 1 CL A & 1/2 WT EXP (MAQCU.US)$ , $YUNHONG INTERNATIONAL UNITS 1 CL A ORD SHS 1/2 RED WT AND 1 RT (ZGYHU.US)$, and $BENESSERE CAP ACQUISITION CORP UNITS(1 ORD SHS A & 1 RT & 3/4 RED WT) (BENEU.US)$ They each come with an embedded free $10 put, which means that they have little to lose and a lot to gain. In my weekly SPAC Focus series, I describe these types of IPOs as having:
equity-like upside and treasury-like downside.
Today, DWAC proves the former, but if you also want the latter, then start with the pre-deal SPACs to protect your capital. For more action, you can buy their warrants -- $MAQUIA CAPITAL ACQUISITION CORP C/WTS (TO PUR COM) (MAQCW.US)$, $YUNHONG INTERNATIONAL C/WTS 31/01/2027 (TO PUR COM) (ZGYHW.US)$, and $BENESSERE CAP ACQUISITION CORP C/WTS (TO PUR COM) (BENEW.US)$.