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The former president Donald Trump’s social media company, Truth Social, was formed, and shareholders of the shell corporation that controls it have voted for the company to go public, giving the Republican up to $4 billion in cash at a pivotal point in his continuing criminal and legal prosecutions. Truth Social would be listed on the NASDAQ Stock Exchange with the ticket “DJT” following a vote by the owners of the Trump Media & Technology Group to merge with Digital World Acquisition Corp, a special purpose acquisition company, or SPAC.

https://www.yahoo.com/news/trump-net-worth-hits-6-190742175.html?guccounter=1 BloomyBerg via yahoo Details at source

Opened at 40.58. Just hit 51.48!

The merger of Truth Social’s parent company and the special purpose company set up to acquire it was completed Monday. Shares of the combined company, which will be named Trump Media & Technology Group (TMTG), are expected to begin trading on the Nasdaq stock exchange under the ticker symbol DJT. TMTG, as a publicly traded company, will continue to be led by Chief Executive Officer, Devin G. Nunes, and its existing management team. Shares of DWAC, the special acquisition vehicle, soared on Monday. At around noon, they were up by more than 20 percent.

The United States Securities and Exchange Commission (SEC) has approved a merger of former President Donald Trump's social media platform, Truth Social, with Digital World Acquisition Corporation (DWAC), which is a Special Purpose Acquisition Company (SPAC). There were two years of delay leading up to the deal because of an investigation into the company by regulators. Now the SEC has approved the merger of approximately $10 billion after the long wait on Wall Street, according to reporting from OANN. The Trump Media & Technology Group, which owned both companies, intends to take Truth Social public in an initial public offering...

Shares of the special-purpose acquisition company that has agreed to buy Donald Trump’s media company shot up to a six-month high in active trading Tuesday, as the former president cleared his first hurdle to becoming the 2024 Republican nominee. Digital World Acquisition Co.’s stock DWAC, +23.56% rallied 18.5% in afternoon trading. It was headed for the biggest one-day gain since it soared 50.3% on July 21, 2023, after the SPAC settled fraud charges. Trading volume ballooned to 4.1 million shares, compared with the full-day average over the past 30 days of about 161,250 shares.

It would appear there is a great deal of interest in the newly announced Trump Media and Technology Group as shares for the special media acquisition company, DWAC, the firm merging with Trump to lead the fundraising have skyrocketed after the announcement. Beginning the day around $10/share, the value of DWAC jumped to a session high $51/share, as more than 412 million shares have been traded. Buy orders outpace sell orders by 3 to 1. [Current CNBC ticker here] DWAC is by far the most active stock as MAGA retail investors climb on board the opportunity to challenge Big Tech...

The funding partner for Trump Media & Technology Group said it has received regulatory approval from securities regulators that will allow it to proceed with a long-delayed merger. The combination could provide former President Donald Trump with a stake worth almost $4 billion. Digital World Acquisition Corp. (DWAC), a so-called special-purpose acquisition company, said Thursday in a statement that the Securities and Exchange Commission had signed off on its proposed merger with Trump Media. DWAC said it plans to announce within two days a date for shareholders to vote on the deal. The SEC said it doesn't comment on individual...

Digital World Acquisition Corp. (DWAC) and Trump Media & Technology Group Corp. made a major step in the proposed Truth Social merger that would inject the company with significant financing, a Monday announcement from both companies revealed. [cut] The merger would allow Truth Social to go public, issue stock, and access hundreds of millions of dollars in financing. Former President Donald Trump created Truth Social after Facebook and Twitter, now known as X, banned him from the social media platforms. Reuters reported in October that DWAC, the special purpose acquisition company designed to take Truth Social public, said this week...

All the naysayers just got pwned! Full steam ahead to merger between DWAC and TMTG

If anyone on Free Republic owned shares of DWAC (Digital World Acquisition) on or before 7/10/23, please VOTE FOR the extension to merge with Trump Media & Technology. Call your broker OR call ALLIANCE ADVISORS at 877.728.4996 and vote FOR both issues. We need Truth Social to thrive and we need the merger to do it. This is critical to keeping conservative platforms alive (just like FR).

Since the corrupt SEC is delaying the merger vote between DWAC and TMTG (typical review by SEC is 30-45 days and it's now been ~150 days) your vote is needed for the extension! Find all of your control numbers (which you'll have one for every account you bought in) and go to www.proxyvote.com and vote FOR both measures

Shares of Digital World Acquisition Corp ., the company aiming to take former President Donald Trump’s media company public, jumped during after-hours trading after Google added the Truth Social app to its Play Store. The platform had previously been barred from the Play Store for content moderation concerns. Google said the app violated its policies for moderating user-generated content. “Apps may be distributed on Google Play provided they comply with our developer guidelines, including the requirement to effectively moderate user-generated content and remove objectionable posts such as those that incite violence,” a Google spokesman said. Truth Social has agreed to...

Digital World Acquisition Corp. (DWAC), the bank-check company planning to merger with former President Donald Trump's nascent media company, said Monday that its directors have been subpoenaed by a Federal Grand Jury. DWAC, which is also being investigated by the U.S. Securities and Exchange Commission with respect to its plans to merge with the former President's Trump Media & Technology Group, said the subpoenas were related to the SEC probe and issued by a panel sitting in the Southern District of New York. Digital World said late last year that it is co-operating with the investigation, which also included the...

Digital World Acquisition (NASDAQ:DWAC) stock is rallying higher on Tuesday even without any recent news from the special purpose acquisition company (SPAC). Digital World Acquisition is a SPAC set to merge with former President Donald Trump’s media brand and take it public. While there’s no news from DWAC today, we’ve seen unexplained rises in the stock before as it’s become similar to a meme stock prior to the merger. Keeping that in mind, here’s what some investors have to say about DWAC stock today! DWAC Stock Twitter Chatter $DWAC We told you the Trump pump ⛽️ was a real 1....

Summary * Trump Media & Technology Group's paid subscription offer, TMTG+, offers massive upside. * $1.0B PIPE deal shows strong demand for a rival social network. * If Trump Media & Technology Group gets the same valuation as Twitter or Meta Platforms, based on sales, Digital World Acquisition Corp.'s market cap could rise by a factor of 3X. Blank check company Digital World Acquisition Corp. (DWAC) is merging with Trump Media & Technology Group. The announcement initially created a frenzy for shares of Digital World Acquisition Corp. but shares have started to surge again. TRUTH Social could become a major...

PALM BEACH, Fla., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Trump Media & Technology Group (‘TMTG’) today announced that Congressman Devin G. Nunes has been selected to join the Company as Chief Executive Officer. Mr. Nunes is currently a sitting U.S. House Representative, representing California’s 22nd congressional district, and formerly the Chair of the House Intelligence Committee. Mr. Nunes will be leaving the U.S. House of Representatives and will begin his new role as Chief Executive Officer of TMTG in January 2022.

DWAC stock could be worth chance as the Trump SPAC is far from doneIn an age where polarization is king, Digital World Acquisition Corp. (NASDAQ:DWAC) stock makes a lot of sense. The special purpose acquisition company (SPAC) has agreed to merge with former President Donald Trump’s social media venture, Truth Social. Truth Social is extremely interesting in and of itself. Essentially, investors who believe in its cause should have plenty of reason to consider purchasing DWAC shares.