There is some speculation that this project may be related to the blockchain social net project Revolution Populi. I cannot confirm this at the moment, but we should keep our eyes on this. It is odd that the Truth Social app will be listed on Apple's App store. Revolution Populi plans to release their own decentralized app store for hosting apps on their blockchain for data sovereignty.
Yunhong International is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
Although it is not limited to a particular industry or geographic region for purposes of consummating an initial business combination, the Company believes it is particularly well-positioned to capitalize on growing opportunities created by consumer/lifestyle businesses that have their primary operations in Asia.
I came across this on the telegrams.
Anons with research skills wanted! Let's see what we can dig up on this.
Sauces
https://t.me/disclosetv/5238
https://twitter.com/jennaellisesq/status/1450974107244191748?s=21
/edit
I think this do be legit!
Let's fucking gooooooooo!
http://Www.truthsocial.com
/edit 2
There is some speculation that this project may be related to the blockchain social net project Revolution Populi. I cannot confirm this at the moment, but we should keep our eyes on this. It is odd that the Truth Social app will be listed on Apple's App store. Revolution Populi plans to release their own decentralized app store for hosting apps on their blockchain for data sovereignty.
More digging is needed anons!
Short info dump:
From https://www.dwacspac.com/
Patrick Orlando Chairman & CEO
CEO of Yunhong International (others as well, this one based out of China)
https://finance.yahoo.com/news/yunhong-international-announces-termination-share-200500160.html
About Yunhong International
Yunhong International is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
Although it is not limited to a particular industry or geographic region for purposes of consummating an initial business combination, the Company believes it is particularly well-positioned to capitalize on growing opportunities created by consumer/lifestyle businesses that have their primary operations in Asia.
https://sec.report/CIK/0001773086
Business Address
19/F DECHENG CENTER 124 ZHONGBEI ROAD
WUHAN-HUBEI F4 430000
Insiders
Patrick Orlando Chief Executive Officer 2021-03-09
https://sec.report/CIK/Search/Patrick+Orlando
Andrey Novikov Chief Financial Officer and Principal Accounting Officer 2021-03-09
https://sec.report/CIK/Search/Andrey+Novikov
https://fintel.io/so/us/zgyh
https://www.nasdaq.com/market-activity/stocks/zgyhu/real-time