Trump SPAC Merger Nears--Would Take Company Public--As Stock Up 200% This Year

[WarGamer]

I think back to the DU'er (L**V) who told me... "It'll never close"

Digital World Acquisition Corp., the publicly traded blank-check company, and Trump Media & Technology Group, the parent firm of Trump’s social media platform Truth Social, said late Tuesday they intend to announce the date by the end of this week of a Digital World shareholder vote on a merger which would result in Trump Media’s direct listing on the Nasdaq stock exchange.

The vote is a notable step forward for the much-maligned proposed merger first announced in 2021, marred by issues such as a shift in funding, accounting errors and the arrest of a former Digital World board member.

Shares of Digital World shot up about 25% to as high as $56 in morning trading, heading toward their highest closing price since April 2022.

After merger, Trump will own over 50% of the shares of the new company...

The market cap today is... 1.8 Billion Dollars.

Looks like EJC and NYS gonna get PAID!!

[keithbvadu2]

1. "accounting errors" - from a Trump related entity. That's a hint.

Let's see if Jared invests his Saudi money in it.

[WarGamer]

2. Doubtful, he seems to be focusing on Real Estate.

As a daily trader, I expect DWAC to moon after he wins the nomination... I might even play some options contracts take the profits and donate to Biden-Harris

I did the same thing with my 5 figure DWAC profit the first week it was released

[C_U_L8R]

3. All your stock are belong to us.

[Stuart G]

4. Thank You for posting this article ...K and R ....no text

[patricia92243]

5. Not sure if this means the shareholders have already voted. If not, there

is a good chance they would vote against being tied to The Loser.

[WarGamer]

7. Why? If you own the stock, you want the merger... because it increases the value.

I might have agreed to you last year when the stock was struggling...

But it's up 200% this year.

Of course they'll vote to merge.

[DFW]

6. Whatever Trump's shares are on paper right now

It’s of no consequence, and of no use to him right now. They are not negotiable until October. They could be worth 1¢ by then.

[NowsTheTime]

8. Couldn't resist posting this....