Digital World acquisition Corp is the
most discussed stock on the planet right
now. But do you know about these other
SPACs that have extremely strong links
to DWAC?
In this video I will discuss a total of
four SPACs that are all going to have a
big week.
And will all see huge levels of volume
as the interest in DWAC continues.
One of these: you might already be aware
of but i'm pretty sure that you are not
aware of all of these.
If you're new to the channel and want to
hear more about exciting stocks about to
make huge gains then hit that like and
subscribe button. Now let's dive into
these exciting stocks to see what all
the hype is about
and to see what has led some investors
to believe that the SPAC boom is back.
The first SPAC I want to talk about is
(NASDAQ: DWAC)
Digital World Acquisition Corp. if you've
been living under a rock for the past
week you might not be aware that this is
currently the most talked about stock in
the world.
Topping every major social media forum
and setting new all-time records on the
stock market for SPACs. This is the SPAC
that is merging and bringing public
Trump Media and Technology Group (TMTG)
This is the company that Donald Trump
has announced plans to launch a new
social media network
called truth social. He said the platform
would stand up to the tyranny of big
tech accusing them of silencing opposing
voices in the us. Which comes after trump
was banned from twitter and suspended
from facebook following the capital
riots.
The company will operate across
its three main brands: Truth
Social, TMTG plus and TMTG news with a
clear vision for the company going
forward.
TMTG is looking at the opportunity to
disrupt the big tech and this is not
just twitter and facebook.
They are looking to rival Facebook and
Twitter with Truth Social,
streaming services and conventional news
such as Netflix or CNN with TMTG plus
and TMTG news.
And looking to rival Amazon and Google
in the long term too.
TMTG see this as an industry ripe for
further segmentation with potentially
hundreds of millions of users
where they reckon one third of people
would use a trump-backed social media
platform.
Donald Trump has been using social media
for years to connect with his supporters.
Prior to this he had a huge reality tv
presence thanks to shows like:
The Apprentice.
Before being banned off social media
he had amassed over 90 million followers
on Twitter and 33 million on Facebook so
it's very possible that these new media
platforms could be very successful and
considering the massive celebrity
following that trump has Truth Social
could very quickly find itself with a
very high number of users
if the launch is successful.
An early version
of Truth Social will be open to invited
guests next month and will have a
nationwide rollout within the first
three months of 2022 according to a
statement by trump media and technology
group, and the Digital World CEO has said
that more Trump details coming soon so
Who is the CEO of this Digital World
Acquisition Corp? While most attention
has been
on donald trump and trump media and
technology group for which he is the
chairman, little is known about the SPAC
team
that has teamed up with him or the man
at its helm Meet Patrick Orlando the CEO
of Digital World as well as two other
SPACs.
Mr Orlando is the CEO of Benessere
Capital Acquisition Corp (NASDAQ: BENE)
which I will speak about in just a
moment. Anyone that has followed SPACs
over the past 18 months will remember
that there has been a few SPAC CEOs for
whom everything seems to turn to gold.
From Chamath Palyapatiya and his series
of social capital SPACs that seen the
likes of Virgin Galantic, SOFI and Clover
Health go public
or the Harry Sloan led Eagle investments
group that brought numerous companies
public like Draftkings or SkillZ
or other SPAC kings such as the
GORES GROUP,
Bill foley or Michael klein
bringing public lots of major companies
such as Paysafe or Lucid.
So let's look at the other SPACs for
which Patrick Orlando
has strong ties
and are getting media attention
on the back of digital world
acquisitions huge rise.
Benessere Capital Acquisition Corp is a
blank check company formed for the
purpose of affecting a merger capital
stock exchange asset acquisition stock
purchase,
reorganization or similar business
combination,
with one or more businesses
while they may pursue a business
combination target in any industry they
intend to focus on technology focused
middle market and emerging growth
companies in north central and south
america
in july it closed its initial public
offering
of 10 million units at 10 per unit
shares of the class a common stock
rights and warrants are listed on nasdaq
under the symbols b-e-n-e
b-e-n-e-r
and b-e-n-e-w respectively. The company
is led by chairman and chief executive
officer
Patrick Orlando
chief financial officer
Francisco Flores and chief operating
officer Guillermo Cruz. The company
sponsor is ARC Global Investments
and according to this article in
bloomberg last week
Benessere Capital Acquisition Corp in talks to merge
with hydrogen fuel
firm e-combustible
this potential deal could value the
combined entity at between 800 million
and 1 billion dollars interest in
hydrogen is surging with many
governments and businesses betting on it
as the clean module of the future still
creating a hydrogen economy won't be
easy as the multitude of companies in
the SPACe need to prove their
technologies can be commercialized and
work on a large scale needed for success
hydrogen holds the promise of
decarbonizing industries that can't
easily run on electricity
serving as both the fuel and a way to
store energy.
Hydrogen can generate electricity
without greenhouse gas emissions
while nearly all the hydrogen produced
today comes from natural gas it can also
be stripped from water using renewable
power with no carbon emitted the first
generation of such green hydrogen plants
is now under construction
due to come online in the next few years
it could potentially power cement and
steel factories cargo ships and
airplanes alike
since 2010 e-combustible products
holdings has been developing the science
behind the clean
hydrogen-based fuel and its production
modules in that time they've developed
the technology with teams in the us
peru and colombia
and secured international patents and
launched pilot installations
it'll be very interesting to see about
this valuation as there is very little
information regarding e-combustible
available right now.
What we do know is that there are
several multi-billion dollar hydrogen
fuel companies that have made huge gains
in the past 12 months on increased
investor interest such as Plug Power,
Fuel Cell Energy,
Ballard Power Systems or even Hylion.
But with the current interest in SPACs
and Patrick Orlando and Trump. Anything
could happen with b-e-n-e in the coming
weeks.
the next SPAC on the list
is ZGYH.
Yunhong international.
You may or may not already know about
this SPAC
but it's highly likely that you do not
know about the next SPAC so stick around
for that.
Patrick Orlando who heads the blank
check company taking trump's
truth social public
in the u.s markets is also the ceo of
Yunhong international a tax haven
cayman islands registered company with a
business address in wuhan china.
Yunhong international
aims to capitalize on growing
opportunities created by consumer
lifestyle businesses that have their
primary operations in asia.
So unlike the other two SPACs: DWAC and
BENE
are both based in the u.s and targeting
the u.s market. ZGYH is targeting the
asian markets
which is the biggest market in the world.
As they say here digital world was the
most discussed stock on trading focused
social media site stock twits a platform
seen as a measure of interest from
individual investors and meme stock
players
message volumes on stock twits related
to the SPAC were up more than nine
thousand percent
the same level of interest has not been
seen in
yet
and that is in part because there is
very little known about this back right
now
and also the fact that very few people
are even aware of its existence
in a crazy 48 hours on the markets we've
seen DWAC gain from only ten dollars up
to 175 by 10 a.m on friday
be in e went from 10
to 1890 a little later
and the little known young hong
international
reached as high as 13 dollars again a
little later
the last back on the list that very few
people are aware of
is MAQUIA Capital Acquisition Corp
MAQC
they seen a small spike in trading on
friday but only hit eleven dollars
because very few people know about this
one.
And having dropped right back again to
ten dollars
this is relatively risk-free for trading
when the market opens again
remember that ten dollars is the price
floor for pre-merger SPACs.
And if we see huge volume on DWAC
and Patrick Orlando's other SPACs this
week.
then MAQC will inevitably see much
bigger volume to.o so why does nobody
know about this one yet let's look at
this back
mckee capital acquisition corp is a
special purpose acquisition company
targeting a technology focused middle
market and emerging growth business
operating in north america providing a
more efficient transition to the public
markets on february 2021 the SPAC filed
for initial public offering with the sec
to raise up to 200 million dollars
and the team is headed by ceo
jeff ransdell
a venture capitalist and founder of fuel
venture capital he is a former top
executive of murrah lynch and is
regularly called upon to share his
insights on the global economy with
outlets such as cnbc cbs and american
city business journals
the team also includes
maggie vo
geronimo peralta
and chief investment officer guillermo
cruz reyes
who you might have noticed that i
mentioned a few minutes ago as also
being the ceo
at b-e-n-e
and it's only when we dig into the
company's recently amended s-1 filing
that we find one of the company's
nominee directors is none other than
patrick orlando the same patrick orlando
that is ceo of both be in e and digital
world acquisition corp
so guys that brings us to the end of the
video if you appreciate the level of
work and research that goes into each
one of these videos and you've watched
all the way through then hit that like
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lot
what do you think will happen here next
week do you think that DWACk will
continue to rise again
and what knock-on effects do you think
it will have for each of these specs
and what do you think about the wall
street bets type of trading is it a good
thing or a bad thing in the stock market
of 2021
is it a good or bad thing to have such
organized stock trading groups drop me a
comment and let me know what you think
of these packs if you're new subscribe
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