LowZackM
2021-11-24
GOOD
DWAC sister SPAC Benessere Capital halted for news pending
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDWAC sister SPAC Benessere Capital halted for news pending\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-24 22:51 GMT+8 <a href=https://seekingalpha.com/news/3774272-dwac-sister-spac-benessere-capital-halted-for-news-pending><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Benessere Capital Acquisition(NASDAQ:BENE), the SPAC that is run by Patrick Orlando, who is also behind the Trump's media deal with SPAC Digital World Acquisition(NASDAQ:DWAC), has been halted for ...</p>\n\n<a href=\"https://seekingalpha.com/news/3774272-dwac-sister-spac-benessere-capital-halted-for-news-pending\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BENE":"Benessere Capital Acquisition Corp"},"source_url":"https://seekingalpha.com/news/3774272-dwac-sister-spac-benessere-capital-halted-for-news-pending","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1145312712","content_text":"Benessere Capital Acquisition(NASDAQ:BENE), the SPAC that is run by Patrick Orlando, who is also behind the Trump's media deal with SPAC Digital World Acquisition(NASDAQ:DWAC), has been halted for news pending.\nAnother SPAC run by Orlando, Yunhong International Co.(NASDAQ:ZGYH), on Friday disclosed in an 8-K filing that it plans to dissolve and liquidate after it was unable to consummate a deal within the required timeframe.\nBenessere Capital(NASDAQ:BENEW)warrants initially jumped on the Digital World (DWAC) deal with Trump back in October.\nBenessere Capital also disclosed in an8-K filing dated Nov. 19 that the SPAC's audit committee said that the company's financial statements should be no longer be relied upon due to the classification of the company's Class A common stock as temporary equity.\nOrlando's dealings with Trump have come under scrutiny in the wake of a New York Times article last month that claimed there might be potential violations of securities laws in regard to the DWAC SPAC. 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