Posted on 10/20/2021 5:44:28 PM PDT by BusterDog
President Donald J. Trump has revealed dominating plans to compete with the radical left media with the formation of Trump Media & Technology Group.
Trump Media & Technology Group, which is chaired by President Trump, has merged with Digital World Acquisition Corp. to become a publicly listed company with a potential valuation of up to $1.7 billion, a Wednesday press release from TMTG states.
The media company intends to “create a rival to the liberal media consortium and fight back against the ‘Big Tech’ companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America,” the statement explained.
(Excerpt) Read more at rsbnetwork.com ...
Count me in, share wise.
Huge.
“Truth Social” can be pre-ordered from the Apple app store now.
Beta launch of it in November, full launch planned for Feb 22.
Me too, can’t wait
DWACU - Call your broker
Way to go
I’m IN!
Yes!!!
Silicon Valley probably laughing at him.
If it's going to be strictly digital, are there any "net neutrality" laws that will be twisted to stop him? Will AT&T and Comcast try to stop President Trump from using their cable infrastructure?
-PJ
This is more exciting that most people probably realize. DWACU went public last month, raising $287M and it’s a blank check company, meaning a company which has no business plan of it’s own other than to merge with or acquire other companies who do.
Enter Trump.
The result is a public company with 25 million shares of stock in the hands of the public and free reign to do whatever they want.
Good start.
This is obviously more breaking news than Biden rambling on Fox or the Laundrie boy search, not sure why it was pulled out of the box.
“What is the over/under on the FCC denying him any licenses for affiliate TV or radio stations fmor the broadcast arm of this venture?”
*****
You do the same thing you did here, you acquire one with licenses already.
-PJ
He can go internet only. No licensing, no worry about getting access to Comcast. What he could do is offer them free rates and great ad slots. The predatory assholes that run Comcast would be all over it. They are more interested in lining their pockets than their “ethics.”
There’s a DWAC and DWACU listed. The description is the same. Different entities?
DWACU was split in Sept into DWAC and a set of Warrants per this article, moving forward the DWAC is the one to buy:
Digital World Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing September 30, 2021
4:17 PM ET 9/27/21 | Dow Jones
Related Quotes
11:44 AM ET 10/20/21
Symbol Last % Chg
DWACU
10.17 -0.15%
Real time quote.
MIAMI, FL / ACCESSWIRE / September 27, 2021 / Digital World Acquisition Corp. (NASDAQ:DWACU) (the “Company”) announced that, commencing on or about September 30, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The shares of Class A common stock and warrants that are separated will trade on the Nasdaq Global Market under the symbols “DWAC” and “DWACW,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “DWACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants.
Yeah, until the new internet regulations being pushed by Facebook kick in.
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