Posted on 03/22/2024 6:07:09 AM PDT by airdalecheif
Thanks for the info! I voted for the merger a couple weeks ago.
TMTG - Trump Media & Technology Group
If merged, then DWAC stock exchange symbol changes to TMTG
The ticker will be DJT
I think it was Turley who was explaining the reason he couldn't raise the bond from insurers is that most of his wealth is in real estate and insurance companies don't like real estate as collateral because they would then have to manage it.
Apparently Frank Luntz is worried that if Letitia seizes Trump's properties, that will guarantee Trump winning the election. I kind of doubt that. Democrats will be gloating over it and low-information voters will just believe the media spin.
No, DJT
Or, she seizes it and then he waits until the TS stock becomes tradable and he gets his property out of hock.
There are special restrictions involved in SPAC deals, but I am not that familiar with them.
TMTG CEO Devin Nunes said, "Since our founding, Truth Social has focused on improving the user experience, and we are currently beta testing new feature sets. If we are able to complete our proposed merger, we believe it will accelerate enhancements to the platform.
Overall, Truth Social's goal is to break through the Big Tech monopoly and provide a refuge from censorship and cancel culture. We aim to protect Americans' voices and defend their freedom as tech oligarchs and corporate media enforcers struggle to impose their narratives."
Digital World Acquisition Corp. Announces Date of Special Meeting of Stockholders and Record Date - Yahoo, 02/16/2024
Awesome!
This story was originally featured on Fortune.com
Trump is a class act; he is so far ahead of the NYC DA’s office that they will never catch up if he gave them the answers. He is playing with them as a great showman should.
15% might be over the line? (~$500M)
p
Doesn’t he have to hold the stock for 6 months before he can sell it?.
I think so. But maybe he would use the stock as collateral on a loan.
Perhaps in related note, DWAC announced it’s official that Truth Social is going public (IPO).
(This story was originally featured on Fortune.com)
Yes, I saw it there.
No doubt what many FReepers have been saying, and Trump saying he's got the cash.
DJT it is.
DJT it is.
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