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Shares Of SPAC Behind Trump Social Media Company Jump 400%
Forbes ^ | Oct 21, 2021 | Nicholas Reimann

Posted on 10/22/2021 7:00:47 AM PDT by Conservat1

Updated Oct 21, 2021, 04:05pm EDT TOPLINE The share price of a special purpose acquisition company (SPAC) that plans to merge with a media group connected to former President Donald Trump quintupled at times on Thursday, following an announcement late Wednesday night that Trump planned to launch a new social media company.

(Excerpt) Read more at forbes.com ...


TOPICS: News/Current Events
KEYWORDS: 1moretime; digitalworldacquisit; dwac; presidenttrump; socialmedia; spac; trump; truthsocial

1 posted on 10/22/2021 7:00:47 AM PDT by Conservat1
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To: Conservat1

Trading is halted.


2 posted on 10/22/2021 7:01:55 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: JonPreston

157 a share now


3 posted on 10/22/2021 7:02:35 AM PDT by redguyinabluestate
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To: JonPreston

Trading is halted.
it traded again for 15 seconds and was halted again LOL


4 posted on 10/22/2021 7:05:54 AM PDT by janetjanet998
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To: JonPreston

It is?


5 posted on 10/22/2021 7:06:57 AM PDT by Conservat1
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To: Conservat1

How much did Nancy buy ? LOL


6 posted on 10/22/2021 7:06:58 AM PDT by butlerweave
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To: janetjanet998

Another missed opportunity for me. I simply haven’t the guts to take chances, even with my gut telling otherwise. I suspect this stock will be knocked down to earth shortly, and if it is, then I’ll take a look.


7 posted on 10/22/2021 7:08:04 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: Conservat1

I tried on E*Trade 20 mins ago.


8 posted on 10/22/2021 7:08:37 AM PDT by JonPreston (Q: Never have so many, been so wrong, so often)
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To: Conservat1

Trumpy has added an extra dimension of hell to his life by trying to get involved in social media. I hope he survives.


9 posted on 10/22/2021 7:11:44 AM PDT by Scarlett156 (#CowboysAndMoslems2021)
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To: JonPreston

TRUMP busted the ballot box in 2016 now he’s busting Wall Street in 2021


10 posted on 10/22/2021 7:12:06 AM PDT by frogjerk (I will not do business with fascists)
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To: butlerweave

You know many libs are in but they will never admit it.


11 posted on 10/22/2021 7:13:06 AM PDT by frogjerk (I will not do business with fascists)
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To: Conservat1

A brilliant end run by Trump. He now has a public company with nearly $300 million and thousands of shareholders and the structure to grow without having had to register an offering in his own name and deal with all the nonsense that would have created. He used a stealth bomber instead of a battleship.

Trump businesses are family businesses so I’m waiting for the great FReeper meltdown that will occur after the roles his kids and their spouses will have in this new venture.


12 posted on 10/22/2021 7:13:46 AM PDT by bigbob
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To: Conservat1

Trump Media and Technology Group merger with Digital World Acquisition Corp. (DWAC) who will fund the TMTG group $293M

CEO Patrick Orlando of DWAC is also CEO of Yonhong International (ZGYHU.US) which skyrocketed yesterday on the news of merger with the Trump Group

Yonhong International is blank check company incorporated in the Cayman Islands. HQ Address :
High-Tech 2nd Road 16 Building,
Phase 3 1 Wuhan China

Yonhong International is managed and operated by the CCP.


13 posted on 10/22/2021 7:25:53 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

Post #13 says the SPAC is owned by an address in Red China. I want Mr. Trump to have a social media site not under control of the leftist US media giants but also not the CCP.


14 posted on 10/22/2021 7:50:23 AM PDT by RicocheT
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To: RicocheT

It’s not owned by China - more leftist BS.

This is a SPAC company and the CEO of this SPAC (Digital World Acquisition Corp. (DWAC) is Patrick Orlando - he also owns another SPAC company that is headquartered in Wuhan China.

TWO DIFFERENT COMPANIES


15 posted on 10/22/2021 7:58:32 AM PDT by PMAS (Vote with your wallets, there are 80 million of us - No China made, No Amazon)
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To: RicocheT

Post #13 says the SPAC is owned by an address in Red China.


No I did not say that. I said the CEO of DWAC and Yonhong International is the same.


16 posted on 10/22/2021 8:17:48 AM PDT by PIF (They came for me and mine ... now its your turn)
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To: PIF

DWAC is a SPAC. That’s the beauty part.


17 posted on 10/22/2021 4:06:54 PM PDT by Lisbon1940 (No full-term Governors (at the time of election))
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