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Digital World stock (Trump Media) tumbles after SPAC buying Trump Media discloses another SEC subpoena
yahoo ^

Posted on 06/13/2022 6:18:35 AM PDT by janetjanet998

Shares of Digital World Acquisition Corp. DWAC, +0.39% tumbled 8.2% in premarket trading Monday, after the special purpose acquisition company (SPAC) that is buying the company behind Donald Trump's Truth Social said it received another subpoena from the Securities and Exchange Commission related to the acquisition.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy
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No way the Deep state will let Trump get the 1 Billion in public funds to back his media company if/when the stock merger happens

Remember, Pocahontas also said she was going to look into all of this

1 posted on 06/13/2022 6:18:35 AM PDT by janetjanet998
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To: janetjanet998

The only stock down...


2 posted on 06/13/2022 6:19:04 AM PDT by wiseprince (Me,)
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To: janetjanet998
The SPAC said the subpoena seeks additional information on "communications regarding and due diligence of of potential targets other than TMTG" [Trump Media & Technology Group Corp.] and relationships between Digital World and certain advisors, shareholders, as well as certain forward-looking information about TMTG.

The company said order of the examination of the registration statement "could materially delay, materially impede or prevent the consummation of the business combination."

3 posted on 06/13/2022 6:20:40 AM PDT by janetjanet998
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To: janetjanet998

They have to say that, because it’s unknown.


4 posted on 06/13/2022 6:21:50 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: janetjanet998

Death by a thousand cuts...................


5 posted on 06/13/2022 6:22:36 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

but X22 said have faith...


6 posted on 06/13/2022 6:30:31 AM PDT by KierkegaardMAN (I never engage in a battle of wits with an unarmed man.)
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To: janetjanet998

The gov will NOT succeed in their evil antics against US. This is them trying to shut down free speech and they don’t succeed


7 posted on 06/13/2022 6:35:27 AM PDT by spacejunkie2001
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To: janetjanet998

And who is surprised by this???


8 posted on 06/13/2022 6:37:33 AM PDT by jdsteel (Do I really need a /sarc?)
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To: KierkegaardMAN

They will do everything they can possibly think up to impede, slow down and obfuscate Trump’s efforts. They want to make an example of him to other who might think of getting onto the DC merry-go-round for a few years.

🌐 George Carlin - “It’s a big club and you ain’t in it!”......................


9 posted on 06/13/2022 6:39:00 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: spacejunkie2001
The gov will NOT succeed in their evil antics against US. This is them trying to shut down free speech and they don’t succeed

It was hard enough for the Soviet Union to suppress free speech, and that was back in the day of printed 'Samizdat' flyers. In today's internet world, suppressing free speech is akin to stopping water with a screen door.

10 posted on 06/13/2022 6:39:48 AM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: janetjanet998
Using the government to target your political enemies.

Short Bus Biden tells Lois Lerner to "hold my ice cream cone and watch this".

Just remember - we're next, once they have us labeled in their databases.

11 posted on 06/13/2022 6:43:50 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: wiseprince

12 posted on 06/13/2022 6:57:22 AM PDT by Pollard (If there's a question mark in the headline, the answer should always be No.)
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To: Lazamataz

amen Lazzie.


13 posted on 06/13/2022 6:58:31 AM PDT by spacejunkie2001
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To: KierkegaardMAN
but X22 said have faith...

LOL, I used to listen to him but I can only take "we know their game plan", etc, etc, etc, so many times. The same exact cliches for almost a year.

14 posted on 06/13/2022 7:09:45 AM PDT by New Perspective (#NotMyPresident -Proud father of a son with DS & fighting to keep him off biden's death panels.)
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To: New Perspective

False hope causes people to sit on their duffs and allow the enemies to gain more and more ground. Even FR will muzzle you if you dare to invite open discussion regarding the legitimacy of the letter that follows P and precedes R.


15 posted on 06/13/2022 7:20:00 AM PDT by KierkegaardMAN (I never engage in a battle of wits with an unarmed man.)
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To: Pollard

Recession flag being hoisted.


16 posted on 06/13/2022 7:33:13 AM PDT by Vaduz ( )
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To: KierkegaardMAN

I think there are plenty here who run the pessimistic route no matter who or what is being discussed including Trump. He has been a great force but is far from perfect but given our current choices I think he offers some actual truth.


17 posted on 06/13/2022 7:58:12 AM PDT by New Perspective (#NotMyPresident -Proud father of a son with DS & fighting to keep him off biden's death panels.)
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To: New Perspective

Somewhere along the line we took our freedoms for granted and got distracted by the bread and circus. I think saying we’re beyond a point of returning to a free and just society, politically, socially, et al., is not pessmism or cynicism but realism.


18 posted on 06/13/2022 9:11:23 AM PDT by KierkegaardMAN (I never engage in a battle of wits with an unarmed man.)
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To: wiseprince

Seriously? The Dow futures pre-market were down over 600.

The market cap this morning is $1.13 billion with the 13% fall this morning. The Trump business has not closed yet so this is VERY speculative, having topped 175 in the past twelve months and 38 now.

One thing the last 6 months have shown is DON’T INVEST IN STORIES, invest in hard numbers of cash flow and balance sheet safety.


19 posted on 06/13/2022 9:26:40 AM PDT by LRoggy (Peter's Son's Business )
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To: KierkegaardMAN
I think saying we’re beyond a point of returning to a free and just society, politically, socially, et al., is not pessmism or cynicism but realism.

I agree, we are so far down the road, so many inclusions into our personal lives due to a new digital world in conjunction with a lack of accountability to those who whore out the power to so many who abuse a hefty responsibility. We are so afraid of the blunt force kickback to all facets of our lives, ie, health care, jobs, credit cards, banks, etc, from those who disagree with us the moment we speak up.

20 posted on 06/13/2022 9:39:23 AM PDT by New Perspective (#NotMyPresident -Proud father of a son with DS & fighting to keep him off biden's death panels.)
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