Posted on 10/27/2021 11:09:42 AM PDT by traderrob6
Greene, a Republican from Georgia, purchased between $15,001 and $50,000 worth of Digital World Acquisition Corp., the special purpose acquisition company linked to Trump’s planned social media platform, according to a financial disclosure.
"This transaction was reported in compliance with House rules and provides all required details about the transaction," Greene's office said in a statement to FOX Business.
(Excerpt) Read more at foxbusiness.com ...
It’s going to be HUGH!
Any rules on who can buy these shares? If not, how is the business going to be kept out of communist or Islamist control?
Hostile takeovers are not easy.
Anyone can buy although I had to open up an account with Schwab as my Edward Jones broker could not buy it because of “internal buying restriction”
It’s an acquisition Co so it’s just a way to establish a deep pocket for purchases of business assets in the future.
Trump is top dog and in total control now.
Because the people who “founded” it will not sell enough for anyone to get a majority. When a company “IPOs” or SPACS the owners will not sell more than 50% ownership to the public.
This is how venture capitalists become billionaires.
I just bought several hundred shares.
Hooray for MTG!
Trump in 2024.
So the price is below the initial offering price. Let’s see where it is at in 2-4 years.
Hardly, how in the world did you reach that conclusion???
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.