Digital World Acquisition Corp
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Company profile

Digital World Acquisition Corp is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The Company intends to focus on companies in the healthcare industry in the United States. The Company is not engaged in any business operations and has not generated any revenue.

Closing Price
$15.32
Day's Change
0.01 (0.07%)
Bid
--
Ask
--
B/A Size
--
Day's High
15.58
Day's Low
14.90
Volume
(Below Average)
Volume:
581,814

10-day average volume:
723,771
581,814

CORZ ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 13, 2023 in the Class Action Filed on Behalf of Core Scientific, Inc. Shareholders

5:45 am ET December 6, 2022 (PR Newswire) Print

The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Core Scientific, Inc. (NASDAQ: CORZ) alleging that the Company violated federal securities laws.

Class Period: January 3, 2022 to October 26, 2022Lead Plaintiff Deadline: January 13, 2023No obligation or cost to you.

Learn more about your recoverable losses in CORZ:https://www.kleinstocklaw.com/pslra-1/core-scientific-class-action-submission-form?id=34272&from=4

Core Scientific, Inc. NEWS - CORZ NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Core Scientific, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) due in part to the expiration of a favorable pricing agreement, the Company was experiencing increasing power costs; (2) the Company's largest customer, Gryphon Digital Mining, lacked the financial resources to purchase the necessary miner rigs for Core Scientific to host; (3) the Company was not providing hosting services to Celsius Network LLC ("Celsius") as required by their contract; (4) the Company had implemented an improper surcharge to pass through power costs to Celsius; (5) as a result of the foregoing alleged breaches of contract, the Company was reasonably likely to incur liability to defend itself against Celsius; (6) as a result of the foregoing, the Company's profitability would be adversely impacted; (7) as a result, there was likely substantial doubt as to the Company's ability to continue as a going concern; and (8) as a result of the foregoing, defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Core Scientific you have until January 13, 2023 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU:If you purchased Core Scientific securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.

HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the CORZ lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/core-scientific-class-action-submission-form?id=34272&from=4.

ABOUT KLEIN LAW FIRMJ. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:J. Klein, Esq.535 Fifth Avenue4th FloorNew York City, NY 10017jk@kleinstocklaw.comTelephone: (212) 616-4899www.kleinstocklaw.com

https://c212.net/c/img/favicon.png?sn=NY57008&sd=2022-12-06

View original content:https://www.prnewswire.com/news-releases/corz-alert-the-klein-law-firm-announces-a-lead-plaintiff-deadline-of-january-13-2023-in-the-class-action-filed-on-behalf-of-core-scientific-inc-shareholders-301695293.html

SOURCE The Klein Law Firm

https://rt.newswire.ca/rt.gif?NewsItemId=NY57008&Transmission_Id=202212060545PR_NEWS_USPR_____NY57008&DateId=20221206

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COMTEX_420297641/1005/2022-12-06T05:45:08

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